Cobblestone Asset Management LLC Invests $2.04 Million in iShares U.S. Aerospace & Defense ETF $ITA

Cobblestone Asset Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,755 shares of the company’s stock, valued at approximately $2,041,000. iShares U.S. Aerospace & Defense ETF makes up approximately 0.9% of Cobblestone Asset Management LLC’s holdings, making the stock its 23rd biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. SRH Advisors LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth $30,000. Atlantic Union Bankshares Corp bought a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $31,000. 1 North Wealth Services LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 1st quarter valued at about $32,000. Total Investment Management Inc. acquired a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $35,000. Finally, WPG Advisers LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth about $36,000.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $216.95 on Tuesday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $129.14 and a 12-month high of $198.47. The stock has a market capitalization of $9.55 billion, a PE ratio of 34.35 and a beta of 0.87. The firm has a 50 day simple moving average of $209.10 and a 200-day simple moving average of $201.17.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.