Avalon Trust Co Buys Shares of 2,192 iShares U.S. Aerospace & Defense ETF $ITA

Avalon Trust Co purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,192 shares of the company’s stock, valued at approximately $414,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ITA. Goldman Sachs Group Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after buying an additional 151,757 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 2.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 303,804 shares of the company’s stock valued at $57,310,000 after acquiring an additional 6,502 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 18.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 269,436 shares of the company’s stock valued at $50,826,000 after acquiring an additional 42,241 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 10.1% during the 1st quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock valued at $38,301,000 after acquiring an additional 22,941 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter worth approximately $34,118,000.

iShares U.S. Aerospace & Defense ETF Stock Up 41.5%

ITA opened at $209.58 on Thursday. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm has a 50 day moving average price of $207.97 and a 200-day moving average price of $192.51. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47.

iShares U.S. Aerospace & Defense ETF 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).