FineMark National Bank & Trust purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 4,621 shares of the company’s stock, valued at approximately $672,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Armstrong Advisory Group Inc. increased its position in shares of 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 worth $28,000 after acquiring an additional 130 shares in the last quarter. Albion Financial Group UT acquired a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $31,000. HHM Wealth Advisors LLC grew its position in iShares U.S. Aerospace & Defense ETF by 273.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock worth $33,000 after purchasing an additional 164 shares in the last quarter. Marshall Investment Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at $35,000. Finally, Manchester Capital Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $39,000.
iShares U.S. Aerospace & Defense ETF Trading Up 7.7 %
Shares of ITA stock opened at $159.47 on Wednesday. The company has a market capitalization of $6.55 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 1-year low of $126.65 and a 1-year high of $159.74. The stock’s fifty day simple moving average is $153.67 and its 200-day simple moving average is $150.90.
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).
Featured Stories
- Five stocks we like better than iShares U.S. Aerospace & Defense ETF
- Short Selling: How to Short a Stock
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Do ETFs Pay Dividends? What You Need to Know
- NVIDIA Insiders Sell: This Is What It Means for the Market
- P/E Ratio Calculation: How to Assess Stocks
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report).
Receive News & Ratings for iShares U.S. Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.
