B. Riley Wealth Advisors Inc. Buys 4,665 Shares of iShares U.S. Aerospace & Defense ETF $ITA

B. Riley Wealth Advisors Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 93.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,640 shares of the company’s stock after purchasing an additional 4,665 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,017,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. AQR Capital Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the first quarter worth $460,000. Goldman Sachs Group Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares during the period. Farther Finance Advisors LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 33.9% in the second quarter. Farther Finance Advisors LLC now owns 2,084 shares of the company’s stock valued at $393,000 after acquiring an additional 528 shares during the period. Perigon Wealth Management LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 41.6% during the second quarter. Perigon Wealth Management LLC now owns 1,937 shares of the company’s stock valued at $365,000 after acquiring an additional 569 shares during the last quarter. Finally, ORG Partners LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 6.9% during the second quarter. ORG Partners LLC now owns 1,475 shares of the company’s stock valued at $273,000 after acquiring an additional 95 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $233.43 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 stock has a market capitalization of $10.27 billion, a PE ratio of 34.35 and a beta of 0.87. The business’s 50-day moving average is $217.02 and its 200 day moving average is $207.90.

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.