Brookstone Capital Management Boosts Position in iShares U.S. Aerospace & Defense ETF $ITA

Brookstone Capital Management raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 18.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,040 shares of the company’s stock after acquiring an additional 3,344 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,517,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Polaris Investment Advisors LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $1,739,000. Columbus Macro LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at $229,000. Centurion Wealth Management LLC grew its position in iShares U.S. Aerospace & Defense ETF by 16.9% during the 4th quarter. Centurion Wealth Management LLC now owns 3,973 shares of the company’s stock worth $853,000 after purchasing an additional 575 shares during the period. ORG Partners LLC grew its position in iShares U.S. Aerospace & Defense ETF by 28.2% during the 4th quarter. ORG Partners LLC now owns 4,417 shares of the company’s stock worth $948,000 after purchasing an additional 972 shares during the period. Finally, Nova Wealth Management Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 5.6% during the 4th quarter. Nova Wealth Management Inc. now owns 3,748 shares of the company’s stock valued at $805,000 after buying an additional 198 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $223.64 on Thursday. The firm has a market capitalization of $9.84 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock has a 50-day simple moving average of $233.73 and a two-hundred day simple moving average of $219.98. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week 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.