IFP Advisors Inc Buys 3,423 Shares of iShares U.S. Aerospace & Defense ETF $ITA

IFP Advisors Inc increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 110,807 shares of the company’s stock after buying an additional 3,423 shares during the period. IFP Advisors Inc owned about 0.25% of iShares U.S. Aerospace & Defense ETF worth $27,055,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ITA. Bogart Wealth LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 447.6% in the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. Continuum Advisory LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth approximately $26,000. Clearstead Trust LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth approximately $28,000. SHP Wealth Management bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $35,000. Finally, Ameriflex Group Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 59.8% in the fourth quarter. Ameriflex Group Inc. now owns 179 shares of the company’s stock valued at $38,000 after purchasing an additional 67 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.9%

iShares U.S. Aerospace & Defense ETF stock opened at $223.53 on Wednesday. The business’s 50 day simple moving average is $239.50 and its 200 day simple moving average is $233.37. iShares U.S. Aerospace & Defense ETF has a 12 month low of $194.63 and a 12 month high of $256.60. The company has a market cap of $9.84 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF 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.