Commonwealth Equity Services LLC lifted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 352,477 shares of the company’s stock after acquiring an additional 8,777 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $73,026,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Old Mission Investment Co LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $679,000. Sequoia Financial Advisors LLC increased its position in iShares U.S. Aerospace & Defense ETF by 344.0% during the second quarter. Sequoia Financial Advisors LLC now owns 22,191 shares of the company’s stock worth $5,380,000 after buying an additional 17,193 shares during the last quarter. Capstone Financial Advisors Inc. acquired a new position in iShares U.S. Aerospace & Defense ETF during the second quarter worth approximately $573,000. Waverly Advisors LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 792.3% in the second quarter. Waverly Advisors LLC now owns 164,982 shares of the company’s stock valued at $39,995,000 after buying an additional 146,492 shares during the period. Finally, Performa Ltd US LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $606,000.
iShares U.S. Aerospace & Defense ETF Trading Up 1.3%
Shares of ITA traded up $0.87 during mid-day trading on Friday, reaching $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 1-year low of $65.24 and a 1-year high of $85.53. The stock has a market cap of $3.04 billion, a P/E ratio of 34.35 and a beta of 0.87. The business has a 50-day simple moving average of $70.77 and a two-hundred day simple moving average of $76.14.
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.
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