Venturi Wealth Management LLC Invests $637,000 in iShares U.S. Aerospace & Defense ETF $ITA

Venturi Wealth Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,915 shares of the company’s stock, valued at approximately $637,000.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares in the last quarter. Morgan Stanley increased its stake in iShares U.S. Aerospace & Defense ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after acquiring an additional 171,385 shares during the period. Wells Fargo & Company MN increased its stake in iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after acquiring an additional 148,199 shares during the period. BNP Paribas Financial Markets raised its holdings in 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 valued at $190,950,000 after acquiring an additional 302,774 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 12.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after acquiring an additional 100,299 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $236.78 on Monday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $183.42 and a 52 week high of $250.65. The stock has a market capitalization of $10.42 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock’s fifty day moving average is $227.61 and its 200 day moving average is $228.66.

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.