Global Financial Private Client LLC Raises Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Global Financial Private Client LLC increased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 10,426 shares of the company’s stock after purchasing an additional 146 shares during the quarter. Global Financial Private Client LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,377,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Global Assets Advisory LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at approximately $111,303,000. BNP Paribas Financial Markets grew its holdings in iShares U.S. Aerospace & Defense ETF by 511.0% during the 4th quarter. BNP Paribas Financial Markets now owns 299,903 shares of the company’s stock valued at $37,968,000 after purchasing an additional 250,820 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 63.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after buying an additional 184,937 shares during the period. Cetera Investment Advisers lifted its holdings in iShares U.S. Aerospace & Defense ETF by 223.8% in the 1st quarter. Cetera Investment Advisers now owns 205,647 shares of the company’s stock worth $27,131,000 after buying an additional 142,141 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 18.0% during the fourth quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock valued at $90,801,000 after acquiring an additional 109,357 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 0.6 %

ITA stock traded up $0.91 during midday trading on Friday, hitting $147.67. 153,637 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $138.19 and a 200-day moving average price of $133.47. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The stock has a market capitalization of $6.94 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).