Alterna Wealth Management Inc. Takes Position in iShares U.S. Aerospace & Defense ETF $ITA

Alterna Wealth Management Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,076 shares of the company’s stock, valued at approximately $875,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. FSM Wealth Advisors LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 1.2% during the 4th quarter. FSM Wealth Advisors LLC now owns 14,806 shares of the company’s stock valued at $3,179,000 after purchasing an additional 174 shares during the last quarter. Cathy Pareto & Associates Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 3.8% in the 4th quarter. Cathy Pareto & Associates Inc. now owns 2,764 shares of the company’s stock worth $593,000 after acquiring an additional 100 shares in the last quarter. Northland Securities Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $995,000. Clear Creek Financial Management LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 52.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 8,576 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,959 shares in the last quarter. Finally, Ritholtz Wealth Management increased its holdings in iShares U.S. Aerospace & Defense ETF by 10.5% in the 4th quarter. Ritholtz Wealth Management now owns 3,559 shares of the company’s stock worth $764,000 after acquiring an additional 339 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $229.64 on Monday. The firm has a 50 day moving average of $232.65 and a 200 day moving average of $221.25. The firm has a market capitalization of $10.10 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12-month low of $143.48 and a 12-month high of $250.65.

About iShares U.S. Aerospace & Defense ETF

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.