Assetmark Inc. Buys 826 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Assetmark Inc. grew its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 135.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,434 shares of the company’s stock after purchasing an additional 826 shares during the quarter. Assetmark Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $220,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wood Tarver Financial Group LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $28,000. Redwood Park Advisors LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $42,000. Albion Financial Group UT increased its position in shares of iShares U.S. Aerospace & Defense ETF by 39.5% during the first quarter. Albion Financial Group UT now owns 300 shares of the company’s stock valued at $46,000 after acquiring an additional 85 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $47,000. Finally, Bellwether Advisors LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $58,000.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS:ITA opened at $195.94 on Friday. The business has a fifty day simple moving average of $186.06 and a two-hundred day simple moving average of $165.41. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The company has a market capitalization of $8.62 billion, a P/E ratio of 34.35 and a beta of 0.87.

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).