Truist Financial Corp Has $47.92 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

Truist Financial Corp boosted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 27.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,015 shares of the company’s stock after purchasing an additional 49,890 shares during the period. Truist Financial Corp owned about 0.52% of iShares U.S. Aerospace & Defense ETF worth $47,924,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blair William & Co. IL raised its position in shares of iShares U.S. Aerospace & Defense ETF by 18.9% in the 2nd quarter. Blair William & Co. IL now owns 22,597 shares of the company’s stock valued at $4,263,000 after buying an additional 3,584 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 37.2% in the second quarter. Concurrent Investment Advisors LLC now owns 26,997 shares of the company’s stock worth $5,093,000 after acquiring an additional 7,324 shares during the period. D.A. Davidson & CO. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 49.8% in the 3rd quarter. D.A. Davidson & CO. now owns 8,546 shares of the company’s stock worth $1,788,000 after purchasing an additional 2,840 shares during the period. Benjamin Edwards Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 41.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 11,157 shares of the company’s stock worth $2,335,000 after acquiring an additional 3,254 shares during the period. Finally, Global Retirement Partners LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 57.2% in the third quarter. Global Retirement Partners LLC now owns 16,858 shares of the company’s stock worth $3,528,000 after purchasing an additional 6,131 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 57.2%

BATS:ITA opened at $232.71 on Friday. The firm has a fifty day simple moving average of $218.99 and a two-hundred day simple moving average of $208.58. The stock has a market capitalization of $10.24 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47.

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.