Commonwealth Equity Services LLC Acquires 85,852 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Commonwealth Equity Services LLC increased its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 28.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 389,656 shares of the company’s stock after purchasing an additional 85,852 shares during the period. Commonwealth Equity Services LLC owned 0.89% of iShares U.S. Aerospace & Defense ETF worth $81,540,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Financial Consulate Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth about $28,000. SRH Advisors LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at approximately $30,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at approximately $31,000. Total Investment Management Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at $35,000. Finally, Rialto Wealth Management LLC increased its position in 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 purchasing an additional 138 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 52.9%

iShares U.S. Aerospace & Defense ETF stock opened at $226.48 on Tuesday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47. The firm’s fifty day moving average is $209.49 and its 200 day moving average is $202.56. The company has a market cap of $9.97 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). 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.