iShares U.S. Aerospace & Defense ETF $ITA Stock: New York Life Investment Management LLC Increases Position

New York Life Investment Management LLC raised its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 195.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 33,150 shares of the company’s stock after acquiring an additional 21,917 shares during the period. New York Life Investment Management LLC owned approximately 0.08% of iShares U.S. Aerospace & Defense ETF worth $6,868,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 3.6% in the first quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock valued at $655,807,000 after acquiring an additional 104,802 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 7.4% during the second quarter. Envestnet Asset Management Inc. now owns 749,574 shares of the company’s stock worth $198,932,000 after acquiring an additional 51,671 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in iShares U.S. Aerospace & Defense ETF by 15.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 616,653 shares of the company’s stock worth $149,489,000 after purchasing an additional 84,677 shares in the last quarter. Royal Bank of Canada raised its holdings in iShares U.S. Aerospace & Defense ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 559,124 shares of the company’s stock worth $122,308,000 after purchasing an additional 59,323 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 2.6% during the third quarter. Commonwealth Equity Services LLC now owns 352,477 shares of the company’s stock worth $73,026,000 after purchasing an additional 8,777 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 2.1%

Shares of BATS:ITA opened at $71.73 on Friday. The company has a market cap of $12.22 billion, a P/E ratio of 28.29 and a beta of 0.78. iShares U.S. Aerospace & Defense ETF has a 52 week low of $65.24 and a 52 week high of $85.53. The company has a 50-day moving average price of $70.48 and a 200 day moving average price of $76.02.

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.