Polaris Investment Advisors LLC Makes New $1.74 Million Investment in iShares U.S. Aerospace & Defense ETF $ITA

Polaris Investment Advisors LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,101 shares of the company’s stock, valued at approximately $1,739,000. iShares U.S. Aerospace & Defense ETF makes up 1.3% of Polaris Investment Advisors LLC’s holdings, making the stock its 21st largest position.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 1,674.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after acquiring an additional 4,510,762 shares during the period. Park Avenue Securities LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 2,172.2% during the 3rd quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock valued at $101,136,000 after acquiring an additional 462,031 shares during the period. BNP Paribas Financial Markets lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after acquiring an additional 450,652 shares during the period. CWM LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1,470.8% during the 3rd quarter. CWM LLC now owns 437,468 shares of the company’s stock worth $91,545,000 after purchasing an additional 409,618 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 9,026.7% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 402,305 shares of the company’s stock worth $84,186,000 after purchasing an additional 397,897 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Down 2.4%

ITA stock opened at $210.79 on Tuesday. The company has a market cap of $9.27 billion, a PE ratio of 34.35 and a beta of 0.87. The business has a 50-day simple moving average of $234.44 and a 200 day simple moving average of $219.82. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $250.65.

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.