Founders Financial Securities LLC Increases Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Founders Financial Securities LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,102 shares of the company’s stock after acquiring an additional 3,612 shares during the period. iShares U.S. Aerospace & Defense ETF accounts for about 0.9% of Founders Financial Securities LLC’s portfolio, making the stock its 21st biggest holding. Founders Financial Securities LLC owned approximately 0.14% of iShares U.S. Aerospace & Defense ETF worth $14,161,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Clear Creek Financial Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth $1,175,000. Advisory Services Network LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 22.8% in the 3rd quarter. Advisory Services Network LLC now owns 94,747 shares of the company’s stock valued at $19,827,000 after acquiring an additional 17,565 shares during the last quarter. Citigroup Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 296.0% in the 3rd quarter. Citigroup Inc. now owns 195,254 shares of the company’s stock valued at $40,859,000 after acquiring an additional 145,953 shares during the last quarter. Aptus Capital Advisors LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 14,023.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 142,509 shares of the company’s stock valued at $29,821,000 after acquiring an additional 141,500 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 314.8% in the 4th quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock worth $3,222,000 after purchasing an additional 11,391 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $238.99 on Friday. The firm has a 50-day simple moving average of $227.24 and a two-hundred day simple moving average of $227.28. iShares U.S. Aerospace & Defense ETF has a 52 week low of $177.56 and a 52 week high of $250.65. The company has a market capitalization of $10.52 billion, a PE ratio of 34.35 and a beta of 0.87.

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.