Founders Financial Securities LLC Has $12.34 Million Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Founders Financial Securities LLC raised its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 57,490 shares of the company’s stock after buying an additional 5,862 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $12,343,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 1,674.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock valued at $1,000,304,000 after buying an additional 4,510,762 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 49.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock worth $190,950,000 after acquiring an additional 302,774 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 12.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after acquiring an additional 100,299 shares during the period. UBS Group AG lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 20.1% in the 3rd quarter. UBS Group AG now owns 728,077 shares of the company’s stock worth $152,357,000 after acquiring an additional 121,945 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 16.2% in the 2nd quarter. Raymond James Financial Inc. now owns 523,826 shares of the company’s stock worth $98,814,000 after acquiring an additional 73,117 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 0.1%

Shares of ITA stock opened at $235.44 on Friday. The stock has a 50 day moving average of $224.07 and a two-hundred day moving average of $224.28. iShares U.S. Aerospace & Defense ETF has a 12 month low of $174.74 and a 12 month high of $250.65. The company has a market capitalization of $10.36 billion, a P/E ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company 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.