WNY Asset Management LLC Invests $7.43 Million in iShares U.S. Aerospace & Defense ETF $ITA

WNY Asset Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 1st quarter, Holdings Channel reports. The fund purchased 33,983 shares of the company’s stock, valued at approximately $7,434,000. iShares U.S. Aerospace & Defense ETF comprises approximately 0.8% of WNY Asset Management LLC’s portfolio, making the stock its 24th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of ITA. Veracity Capital LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 4.2% in the fourth quarter. Veracity Capital LLC now owns 1,155 shares of the company’s stock worth $248,000 after purchasing an additional 47 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 2.4% during the 4th quarter. Thoroughbred Financial Services LLC now owns 2,114 shares of the company’s stock worth $453,000 after purchasing an additional 49 shares during the period. Realta Investment Advisors raised its position in iShares U.S. Aerospace & Defense ETF by 0.9% during the 4th quarter. Realta Investment Advisors now owns 5,327 shares of the company’s stock valued at $1,144,000 after purchasing an additional 50 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in iShares U.S. Aerospace & Defense ETF by 0.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 18,733 shares of the company’s stock valued at $4,022,000 after purchasing an additional 50 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 5.4% in the 1st quarter. Citizens Financial Group Inc. RI now owns 1,004 shares of the company’s stock worth $220,000 after buying an additional 51 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 0.6%

Shares of ITA stock opened at $239.66 on Friday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $191.19 and a twelve month high of $251.49. The stock has a fifty day simple moving average of $236.16 and a two-hundred day simple moving average of $232.52. The stock has a market capitalization of $10.55 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.