iShares U.S. Aerospace & Defense ETF $ITA Stock Bought by Partners Wealth Management LLC

Partners Wealth Management LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 143.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,666 shares of the company’s stock after buying an additional 2,753 shares during the quarter. Partners Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $967,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ITA. Old Mission Investment Co LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the second quarter worth about $679,000. Sequoia Financial Advisors LLC grew its position in iShares U.S. Aerospace & Defense ETF by 344.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,191 shares of the company’s stock worth $5,380,000 after purchasing an additional 17,193 shares in the last quarter. Capstone Financial Advisors Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth about $573,000. Performa Ltd US LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $606,000. Finally, Baird Financial Group Inc. increased its stake 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 valued at $27,047,000 after buying an additional 6,493 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 2.1%

iShares U.S. Aerospace & Defense ETF stock opened at $209.74 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $195.71 and a 52 week high of $256.60. The company’s 50 day moving average price is $214.71 and its two-hundred day moving average price is $229.16. The stock has a market cap of $9.23 billion, a P/E ratio of 34.35 and a beta of 0.87.

Shares of iShares U.S. Aerospace & Defense ETF are going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

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.