Financial Partners Group LLC Buys New Shares in iShares U.S. Aerospace & Defense ETF $ITA

Financial Partners Group LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,346 shares of the company’s stock, valued at approximately $1,574,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $585,000. Centaurus Financial Inc. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 22.9% in the 4th quarter. Centaurus Financial Inc. now owns 2,044 shares of the company’s stock valued at $297,000 after purchasing an additional 381 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 23.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 121,859 shares of the company’s stock worth $17,712,000 after acquiring an additional 23,240 shares during the period. Parallel Advisors LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 15.7% in the 1st quarter. Parallel Advisors LLC now owns 9,255 shares of the company’s stock valued at $1,417,000 after acquiring an additional 1,253 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at approximately $328,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $205.70 on Friday. The stock has a 50 day simple moving average of $198.36 and a 200 day simple moving average of $177.82. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47. The firm has a market capitalization of $9.05 billion, a PE ratio of 34.35 and a beta of 0.87.

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).