Venturi Wealth Management LLC Acquires Shares of 2,915 iShares U.S. Aerospace & Defense ETF $ITA

Venturi Wealth Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 1st quarter, Holdings Channel reports. The institutional investor bought 2,915 shares of the company’s stock, valued at approximately $637,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ITA. AQR Capital Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $460,000. Goldman Sachs Group Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after acquiring an additional 151,757 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of 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 valued at $118,000 after purchasing an additional 469 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at approximately $359,000. Finally, Cerity Partners LLC increased its position in iShares U.S. Aerospace & Defense ETF by 7.3% during 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 Price Performance

ITA stock opened at $236.78 on Monday. The stock has a market cap of $10.42 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company has a 50 day simple moving average of $227.61 and a 200 day simple moving average of $228.66. iShares U.S. Aerospace & Defense ETF has a 1 year low of $183.42 and a 1 year 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.