IMC Chicago LLC Purchases New Position in iShares U.S. Aerospace & Defense ETF $ITA

IMC Chicago LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,850 shares of the company’s stock, valued at approximately $623,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Bogart Wealth LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 447.6% in the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares in the last quarter. Physician Wealth Advisors Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 95 shares in the last quarter. Aventura Private Wealth LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $28,000. Optima Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $28,000. Finally, GHP Investment Advisors Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $30,000.

iShares U.S. Aerospace & Defense ETF Stock Down 2.3%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $230.89 on Friday. The company has a market capitalization of $10.16 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The stock’s 50-day simple moving average is $233.17 and its 200-day simple moving average is $231.52. iShares U.S. Aerospace & Defense ETF has a 52 week low of $190.16 and a 52 week high of $251.49.

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.