iShares Defense Industrials Active ETF (NASDAQ:IDEF – Get Free Report) saw strong trading volume on Thursday. 9,588,812 shares were traded during trading, an increase of 710% from the average daily volume of 1,183,802 shares. The stock last traded at $29.38 and had previously closed at $30.02.
iShares Defense Industrials Active ETF Stock Performance
The firm has a 50-day moving average price of $30.93 and a 200 day moving average price of $32.96.
Hedge Funds Weigh In On iShares Defense Industrials Active ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of IDEF. Tsfg LLC acquired a new position in iShares Defense Industrials Active ETF in the 2nd quarter valued at about $3,656,000. Cornerstone Planning Group LLC acquired a new stake in shares of iShares Defense Industrials Active ETF during the first quarter worth about $1,844,000. Fifth Third Wealth Advisors LLC lifted its position in shares of iShares Defense Industrials Active ETF by 21.9% during the third quarter. Fifth Third Wealth Advisors LLC now owns 181,549 shares of the company’s stock worth $5,669,000 after purchasing an additional 32,644 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of iShares Defense Industrials Active ETF in the first quarter valued at approximately $66,560,000. Finally, Beaumont Financial Advisors LLC purchased a new position in shares of iShares Defense Industrials Active ETF in the first quarter valued at approximately $7,485,000.
About iShares Defense Industrials Active ETF
BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.
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