Farther Finance Advisors LLC Boosts Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Farther Finance Advisors LLC increased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,330 shares of the company’s stock after buying an additional 2,960 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,150,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Optima Capital LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $28,000. Assetmark Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 314.8% in the fourth quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock worth $3,222,000 after buying an additional 11,391 shares during the last quarter. JM2 Capital Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $571,000. Third View Private Wealth LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $429,000. Finally, Charter Oak Capital Management LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 2.7% in the fourth quarter. Charter Oak Capital Management LLC now owns 4,673 shares of the company’s stock worth $1,003,000 after buying an additional 125 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 1.3%

Shares of ITA opened at $231.94 on Friday. The company has a market cap of $10.21 billion, a PE ratio of 34.35 and a beta of 0.87. The business has a fifty day moving average of $232.85 and a 200 day moving average of $221.99. iShares U.S. Aerospace & Defense ETF has a 52-week low of $143.48 and a 52-week high of $250.65.

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.