B. Riley Wealth Advisors Inc. Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,975 shares of the company’s stock, valued at approximately $939,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in iShares U.S. Aerospace & Defense ETF during the second quarter worth approximately $31,000. Rialto Wealth Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 265.4% in the second quarter. Rialto Wealth Management LLC now owns 190 shares of the company’s stock worth $36,000 after buying an additional 138 shares during the last quarter. Private Wealth Asset Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth $38,000. Valley National Advisers Inc. boosted its holdings in shares of 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 buying an additional 59 shares during the period. Finally, 1 North Wealth Services LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $32,000.

iShares U.S. Aerospace & Defense ETF Trading Up 41.7%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $209.77 on Tuesday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The company’s fifty day simple moving average is $208.01 and its 200-day simple moving average is $198.69. The company has a market cap of $9.23 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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).