Transcend Capital Advisors LLC Invests $589,000 in iShares U.S. Aerospace & Defense ETF $ITA

Transcend Capital Advisors LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, HoldingsChannel reports. The firm acquired 2,813 shares of the company’s stock, valued at approximately $589,000.

Other hedge funds also recently bought and sold shares of the company. Financial Consulate Inc. bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth $28,000. SRH Advisors LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth about $30,000. Atlantic Union Bankshares Corp bought a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $31,000. Total Investment Management Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $35,000. Finally, N.E.W. Advisory Services LLC boosted its position in 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 valued at $35,000 after buying an additional 46 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $231.11 on Tuesday. The firm has a market cap of $10.17 billion, a PE ratio of 34.35 and a beta of 0.87. The firm’s 50 day simple moving average is $220.28 and its 200-day simple moving average is $209.31. iShares U.S. Aerospace & Defense ETF has a one year low of $129.14 and a one year high of $198.47.

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.