WealthCare Investment Partners LLC Increases Position in iShares U.S. Aerospace & Defense ETF $ITA

WealthCare Investment Partners LLC lifted its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,782 shares of the company’s stock after buying an additional 2,553 shares during the period. iShares U.S. Aerospace & Defense ETF comprises 3.4% of WealthCare Investment Partners LLC’s holdings, making the stock its 4th largest position. WealthCare Investment Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $10,626,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wealthcare Capital Partners LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth about $211,000. Merit Financial Group LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 49.5% during the 3rd quarter. Merit Financial Group LLC now owns 44,398 shares of the company’s stock worth $9,291,000 after buying an additional 14,705 shares during the period. Founders Financial Alliance LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 275.9% in the third quarter. Founders Financial Alliance LLC now owns 1,214 shares of the company’s stock valued at $254,000 after buying an additional 891 shares in the last quarter. MRA Advisory Group boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 3.0% in the third quarter. MRA Advisory Group now owns 35,339 shares of the company’s stock valued at $7,395,000 after buying an additional 1,045 shares during the period. Finally, Fifth Third Bancorp bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth $49,000.

iShares U.S. Aerospace & Defense ETF Trading Up 1.0%

ITA opened at $234.87 on Tuesday. The stock has a market capitalization of $10.33 billion, a P/E 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 $244.76. The firm’s fifty day simple moving average is $226.19 and its 200 day simple moving average is $211.83.

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.