Cornerstone Wealth Management LLC Buys 594 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cornerstone Wealth Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,957 shares of the company’s stock after purchasing an additional 594 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 10.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,928 shares of the company’s stock worth $7,461,000 after purchasing an additional 5,605 shares in the last quarter. J.W. Cole Advisors Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 528.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 44,193 shares of the company’s stock valued at $5,595,000 after acquiring an additional 37,156 shares in the last quarter. Stephens Inc. AR lifted its position in iShares U.S. Aerospace & Defense ETF by 41.3% in the 4th quarter. Stephens Inc. AR now owns 11,264 shares of the company’s stock valued at $1,426,000 after acquiring an additional 3,293 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 63.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after acquiring an additional 184,937 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 86.2% in the 4th quarter. Fisher Asset Management LLC now owns 18,306 shares of the company’s stock valued at $2,318,000 after acquiring an additional 8,472 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 0.5 %

BATS ITA traded up $0.62 during trading hours on Thursday, hitting $133.15. The company’s stock had a trading volume of 106,400 shares. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The company has a market capitalization of $6.26 billion, a PE ratio of 29.96 and a beta of 0.60. The company’s 50-day simple moving average is $133.94 and its two-hundred day simple moving average is $128.94.

About iShares U.S. Aerospace & Defense ETF

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).