101,887 Shares in iShares U.S. Aerospace & Defense ETF $ITA Acquired by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 101,887 shares of the company’s stock, valued at approximately $21,874,000.

A number of other large investors have also recently bought and sold shares of the stock. N.E.W. Advisory Services LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 37.4% in the third quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after acquiring an additional 46 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 0.3% in the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock valued at $3,188,000 after acquiring an additional 51 shares in the last quarter. Lee Johnson Capital Management LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.6% during the third quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock valued at $1,899,000 after acquiring an additional 52 shares during the last quarter. Allen Capital Group LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.9% during the third quarter. Allen Capital Group LLC now owns 5,753 shares of the company’s stock valued at $1,204,000 after acquiring an additional 53 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC increased its position in iShares U.S. Aerospace & Defense ETF by 0.4% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 13,729 shares of the company’s stock worth $2,590,000 after purchasing an additional 57 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 2.1%

Shares of ITA stock opened at $222.56 on Friday. The firm has a 50-day moving average price of $236.91 and a 200 day moving average price of $218.61. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $250.65. The company has a market capitalization of $9.79 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.