2,847 Shares in iShares U.S. Aerospace & Defense ETF $ITA Acquired by Summit Wealth Partners LLC

Summit Wealth Partners LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,847 shares of the company’s stock, valued at approximately $623,000.

Other institutional investors also recently modified their holdings of the company. Physician Wealth Advisors Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares during the period. Optima Capital LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $28,000. Aventura Private Wealth LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $28,000. GHP Investment Advisors Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at about $30,000. Finally, Wolff Wiese Magana LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $235.51 on Tuesday. The company has a market cap of $10.36 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock’s 50-day moving average is $227.32 and its 200-day moving average is $227.72. iShares U.S. Aerospace & Defense ETF has a 52-week low of $179.89 and a 52-week high of $250.65.

About iShares U.S. Aerospace & Defense ETF

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.