Phoenix Financial Ltd. Acquires 2,565 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Phoenix Financial Ltd. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 9.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,158 shares of the company’s stock after purchasing an additional 2,565 shares during the quarter. Phoenix Financial Ltd. owned 0.07% of iShares U.S. Aerospace & Defense ETF worth $5,878,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Concurrent Investment Advisors LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 37.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 26,997 shares of the company’s stock worth $5,093,000 after acquiring an additional 7,324 shares in the last quarter. Diversified Trust Co bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth approximately $256,000. Apollon Wealth Management LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 37.6% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,529 shares of the company’s stock worth $3,118,000 after acquiring an additional 4,519 shares in the last quarter. Blair William & Co. IL grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 18.9% during the 2nd quarter. Blair William & Co. IL now owns 22,597 shares of the company’s stock worth $4,263,000 after acquiring an additional 3,584 shares in the last quarter. Finally, Beaumont Financial Advisors LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 21.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 1,895 shares of the company’s stock worth $357,000 after acquiring an additional 335 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 41.6%

Shares of ITA opened at $209.72 on Tuesday. The stock has a market capitalization of $9.23 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47. The company has a 50 day moving average of $202.42 and a 200-day moving average of $184.10.

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).