Evergreen Wealth Partners LLC Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Evergreen Wealth Partners LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,760 shares of the company’s stock, valued at approximately $1,022,000. iShares U.S. Aerospace & Defense ETF makes up approximately 0.9% of Evergreen Wealth Partners LLC’s investment portfolio, making the stock its 23rd biggest holding.

Several other hedge funds have also bought and sold shares of ITA. AQR Capital Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $460,000. Goldman Sachs Group Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after purchasing an additional 151,757 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in iShares U.S. Aerospace & Defense ETF by 298.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock worth $118,000 after purchasing an additional 469 shares in the last quarter. Quantbot Technologies LP purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth $359,000. Finally, Cerity Partners LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 7.3% in the 2nd quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock worth $4,687,000 after purchasing an additional 1,688 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 3.2%

Shares of ITA stock opened at $217.27 on Friday. The stock has a market cap of $9.56 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52 week low of $168.44 and a 52 week high of $250.65. The company’s fifty day simple moving average is $225.95 and its two-hundred day simple moving average is $223.37.

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.