Arizona PSPRS Trust Takes $1.22 Million Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Arizona PSPRS Trust purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,130 shares of the company’s stock, valued at approximately $1,217,000.

Several other hedge funds have also added to or reduced their stakes in the business. Raymond James & Associates increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 12.4% during the second quarter. Raymond James & Associates now owns 246,200 shares of the company’s stock worth $32,511,000 after purchasing an additional 27,071 shares during the period. Miracle Mile Advisors LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 9.1% during the second quarter. Miracle Mile Advisors LLC now owns 2,394 shares of the company’s stock worth $316,000 after buying an additional 200 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $28,000. Daymark Wealth Partners LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $206,000. Finally, Lion Street Advisors LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.4% in the third quarter. Lion Street Advisors LLC now owns 2,947 shares of the company’s stock valued at $441,000 after acquiring an additional 302 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 1.1 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $155.57 on Monday. The company has a 50-day simple moving average of $151.31 and a two-hundred day simple moving average of $142.88. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The stock has a market capitalization of $7.31 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).