NewEdge Advisors LLC Purchases 12,426 Shares of iShares U.S. Aerospace & Defense ETF $ITA

NewEdge Advisors LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 27.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,393 shares of the company’s stock after purchasing an additional 12,426 shares during the quarter. NewEdge Advisors LLC owned 0.13% of iShares U.S. Aerospace & Defense ETF worth $14,156,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Clearwave Capital LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $906,000. Tepp RIA LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 389.7% during the first quarter. Tepp RIA LLC now owns 8,814 shares of the company’s stock valued at $1,928,000 after purchasing an additional 7,014 shares in the last quarter. Odyssey Capital Advisors Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at $1,624,000. World Investment Advisors boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 124.6% during the fourth quarter. World Investment Advisors now owns 24,038 shares of the company’s stock valued at $5,161,000 after buying an additional 13,334 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 111,570 shares of the company’s stock worth $27,047,000 after buying an additional 6,493 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $219.01 on Friday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $195.71 and a fifty-two week high of $256.60. The business has a 50-day simple moving average of $237.83 and a two-hundred day simple moving average of $232.92. The firm has a market cap of $9.64 billion, a price-to-earnings 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.