iShares U.S. Aerospace & Defense ETF $ITA Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,525 shares of the company’s stock after buying an additional 3,579 shares during the period. Baird Financial Group Inc. owned about 0.20% of iShares U.S. Aerospace & Defense ETF worth $16,511,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $31,000. Rialto Wealth Management LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 265.4% during the 2nd quarter. Rialto Wealth Management LLC now owns 190 shares of the company’s stock worth $36,000 after purchasing an additional 138 shares in the last quarter. Private Wealth Asset Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth about $38,000. Valley National Advisers Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 41.0% during the 2nd quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock worth $38,000 after purchasing an additional 59 shares during the period. Finally, 1 North Wealth Services LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at about $32,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $202.40 on Friday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The stock has a market capitalization of $8.91 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a 50-day simple moving average of $208.35 and a 200-day simple moving average of $197.10.

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).