Avidian Wealth Enterprises LLC Invests $980,000 in iShares U.S. Aerospace & Defense ETF $ITA

Avidian Wealth Enterprises LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,685 shares of the company’s stock, valued at approximately $980,000.

Other hedge funds also recently made changes to their positions in the company. Financial Consulate Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at approximately $28,000. SRH Advisors LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter valued at $30,000. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $31,000. N.E.W. Advisory Services LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 37.4% during the third quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after purchasing an additional 46 shares during the period. Finally, Total Investment Management Inc. bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth about $35,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $240.04 on Thursday. iShares U.S. Aerospace & Defense ETF has a one year low of $129.14 and a one year high of $198.47. The company has a 50-day simple moving average of $215.23 and a 200-day simple moving average of $206.78. The firm has a market capitalization of $10.56 billion, a PE ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company 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.