HighTower Advisors LLC Acquires 6,898 Shares of iShares U.S. Aerospace & Defense ETF $ITA

HighTower Advisors LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 195,957 shares of the company’s stock after purchasing an additional 6,898 shares during the period. HighTower Advisors LLC owned 0.45% of iShares U.S. Aerospace & Defense ETF worth $41,008,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. D.A. Davidson & CO. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 49.8% during the third quarter. D.A. Davidson & CO. now owns 8,546 shares of the company’s stock worth $1,788,000 after buying an additional 2,840 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 41.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 11,157 shares of the company’s stock worth $2,335,000 after purchasing an additional 3,254 shares during the period. Global Retirement Partners LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 57.2% in the 3rd quarter. Global Retirement Partners LLC now owns 16,858 shares of the company’s stock worth $3,528,000 after purchasing an additional 6,131 shares during the period. Csenge Advisory Group boosted its position in iShares U.S. Aerospace & Defense ETF by 31.3% during the third quarter. Csenge Advisory Group now owns 19,834 shares of the company’s stock worth $4,151,000 after purchasing an additional 4,727 shares in the last quarter. Finally, Copperleaf Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the third quarter worth approximately $454,000.

iShares U.S. Aerospace & Defense ETF Trading Up 1.4%

Shares of ITA opened at $238.17 on Wednesday. The firm has a market cap of $10.48 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $244.76. The stock’s 50 day moving average is $226.90 and its two-hundred day moving average is $212.13.

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.