PFG Advisors Buys Shares of 8,608 iShares U.S. Aerospace & Defense ETF $ITA

PFG Advisors bought a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 3rd quarter, Holdings Channel reports. The firm bought 8,608 shares of the company’s stock, valued at approximately $1,801,000.

Other hedge funds have also recently made changes to their positions in the company. D.A. Davidson & CO. boosted its stake in iShares U.S. Aerospace & Defense ETF by 49.8% in the 3rd quarter. D.A. Davidson & CO. now owns 8,546 shares of the company’s stock worth $1,788,000 after purchasing an additional 2,840 shares in the last quarter. Benjamin Edwards Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 41.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 11,157 shares of the company’s stock valued at $2,335,000 after purchasing an additional 3,254 shares in the last quarter. Global Retirement Partners LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 57.2% in the third quarter. Global Retirement Partners LLC now owns 16,858 shares of the company’s stock worth $3,528,000 after buying an additional 6,131 shares during the last quarter. Csenge Advisory Group raised its holdings in iShares U.S. Aerospace & Defense ETF by 31.3% in the third quarter. Csenge Advisory Group now owns 19,834 shares of the company’s stock worth $4,151,000 after buying an additional 4,727 shares during the last quarter. Finally, Clear Creek Financial Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth approximately $1,175,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $239.72 on Wednesday. The firm’s 50 day moving average price is $235.87 and its 200-day moving average price is $217.08. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $250.65. The company has a market cap of $10.55 billion, a PE ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company Profile

iShares U.S. Aerospace & Defense ETF, formerly iShares Dow Jones U.S. Aerospace & Defense Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Aerospace & Defense Index (the Index). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.