IMC Chicago LLC Invests $623,000 in iShares U.S. Aerospace & Defense ETF $ITA

IMC Chicago LLC bought a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,850 shares of the company’s stock, valued at approximately $623,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cyndeo Wealth Partners LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 177.7% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 5,427 shares of the company’s stock worth $1,165,000 after purchasing an additional 3,473 shares during the last quarter. Assetmark Inc. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 314.8% in the 4th quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock worth $3,222,000 after buying an additional 11,391 shares during the period. Clearwave Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $906,000. Clear Creek Financial Management LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 52.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 8,576 shares of the company’s stock worth $1,841,000 after buying an additional 2,959 shares during the last quarter. Finally, Stone House Investment Management LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.7% during the fourth quarter. Stone House Investment Management LLC now owns 28,174 shares of the company’s stock valued at $6,049,000 after buying an additional 2,950 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA opened at $230.89 on Friday. The stock has a market capitalization of $10.16 billion, a PE ratio of 34.35 and a beta of 0.87. The stock’s 50 day moving average price is $233.17 and its 200-day moving average price is $231.52. iShares U.S. Aerospace & Defense ETF has a 52-week low of $190.16 and a 52-week high of $251.49.

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.