Absolute Capital Management LLC Boosts Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Absolute Capital Management LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 16.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,333 shares of the company’s stock after buying an additional 1,163 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,211,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Armstrong Advisory Group Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 200.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock valued at $28,000 after purchasing an additional 130 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the third quarter valued at $30,000. Albion Financial Group UT acquired a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at $31,000. HHM Wealth Advisors LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 273.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock valued at $33,000 after purchasing an additional 164 shares during the last quarter. Finally, Marshall Investment Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at $35,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $155.15 on Friday. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $126.65 and a fifty-two week high of $159.58. The stock’s fifty day moving average is $152.97 and its two-hundred day moving average is $150.50.

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).