Nwam LLC Buys 2,541 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Nwam LLC increased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 277.1% in the 2nd quarter, Holdings Channel reports. The firm owned 3,458 shares of the company’s stock after purchasing an additional 2,541 shares during the period. Nwam LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $838,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bogart Wealth LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 447.6% in the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after buying an additional 94 shares during the last quarter. Clearstead Trust LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $28,000. SHP Wealth Management acquired a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $35,000. Ameriflex Group Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 59.8% during the fourth quarter. Ameriflex Group Inc. now owns 179 shares of the company’s stock valued at $38,000 after acquiring an additional 67 shares during the period. Finally, Wellington Grp LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the first quarter valued at about $41,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $223.37 on Thursday. The stock’s 50-day moving average is $240.60 and its 200-day moving average is $233.70. The company has a market cap of $9.83 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52-week low of $194.59 and a 52-week high of $256.60.

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.