Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $3,108,000.
Other large investors have also modified their holdings of the company. Pilgrim Partners Asia Pte Ltd bought a new position in iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth about $2,165,000. Global Assets Advisory LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.8% during the third quarter. Global Assets Advisory LLC now owns 9,211 shares of the company’s stock valued at $1,910,000 after buying an additional 163 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 197.2% during the third quarter. International Assets Investment Management LLC now owns 13,830 shares of the company’s stock worth $2,865,000 after buying an additional 9,177 shares during the period. Partners Wealth Management LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 143.9% during the third quarter. Partners Wealth Management LLC now owns 4,666 shares of the company’s stock worth $967,000 after buying an additional 2,753 shares during the period. Finally, Founders Financial Securities LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 8.5% in the 3rd quarter. Founders Financial Securities LLC now owns 37,626 shares of the company’s stock worth $7,795,000 after buying an additional 2,956 shares in the last quarter.
iShares U.S. Aerospace & Defense ETF Trading Up 1.3%
ITA traded up $0.87 during trading hours on Friday, hitting $68.98. The company’s stock had a trading volume of 2,051,326 shares, compared to its average volume of 2,843,504. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $65.24 and a fifty-two week high of $85.53. The firm has a market capitalization of $3.04 billion, a PE ratio of 34.35 and a beta of 0.87. The company has a 50-day simple moving average of $70.77 and a 200 day simple moving average of $76.14.
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.
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