Trek Financial LLC Invests $8.82 Million in iShares U.S. Aerospace & Defense ETF $ITA

Trek Financial LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 42,125 shares of the company’s stock, valued at approximately $8,815,000. Trek Financial LLC owned approximately 0.10% of iShares U.S. Aerospace & Defense ETF at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Financial Consulate Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $28,000. SRH Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth about $30,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at $31,000. Total Investment Management Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $35,000. Finally, N.E.W. Advisory Services LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 37.4% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after purchasing an additional 46 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 58.7%

ITA traded up $86.96 during midday trading on Friday, hitting $235.04. The company had a trading volume of 395,504 shares, compared to its average volume of 490,355. The stock’s 50 day moving average price is $216.43 and its 200 day moving average price is $207.31. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $198.47. The company has a market capitalization of $10.34 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.