Interactive Financial Advisors Inc. Has $2.57 Million Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Interactive Financial Advisors Inc. lessened its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 39.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,280 shares of the company’s stock after selling 8,068 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises 1.4% of Interactive Financial Advisors Inc.’s investment portfolio, making the stock its 21st biggest holding. Interactive Financial Advisors Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ITA. Financial Consulate Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF in the third quarter valued at approximately $28,000. SRH Advisors LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth $30,000. Atlantic Union Bankshares Corp acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 37.4% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock valued at $35,000 after purchasing an additional 46 shares in the last quarter. Finally, Total Investment Management Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at $35,000.

iShares U.S. Aerospace & Defense ETF Trading Up 64.8%

iShares U.S. Aerospace & Defense ETF stock opened at $244.00 on Monday. The firm has a market capitalization of $10.74 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm’s fifty day moving average price is $213.41 and its two-hundred day moving average price is $205.79. iShares U.S. Aerospace & Defense ETF has a 1-year low of $129.14 and a 1-year 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). 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.