iShares U.S. Aerospace & Defense ETF $ITA Position Increased by Independent Wealth Network Inc.

Independent Wealth Network Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,399 shares of the company’s stock after buying an additional 206 shares during the period. Independent Wealth Network Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF during the 1st quarter worth approximately $132,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 9.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 133,627 shares of the company’s stock worth $20,458,000 after purchasing an additional 11,768 shares during the last quarter. Diversified Trust Co acquired a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at $256,000. Cozad Asset Management Inc. acquired a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $206,000. Finally, Envestnet Portfolio Solutions Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 79.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,456 shares of the company’s stock valued at $529,000 after buying an additional 1,527 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $205.70 on Friday. The firm has a market capitalization of $9.05 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company’s fifty day moving average is $198.36 and its two-hundred day moving average is $177.62. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47.

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).