Bank of Nova Scotia Boosts Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Bank of Nova Scotia raised its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 47.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,766 shares of the company’s stock after buying an additional 6,700 shares during the period. Bank of Nova Scotia’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bogart Wealth LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 447.6% in the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 95 shares in the last quarter. Optima Capital LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $28,000. Clearstead Trust LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $28,000. Finally, GHP Investment Advisors Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth approximately $30,000.

iShares U.S. Aerospace & Defense ETF Trading Up 1.6%

Shares of ITA opened at $243.91 on Tuesday. The company has a market capitalization of $10.73 billion, a PE ratio of 34.35 and a beta of 0.87. The business’s 50 day moving average is $234.79 and its 200 day moving average is $232.24. iShares U.S. Aerospace & Defense ETF has a 12-month low of $191.19 and a 12-month high of $251.49.

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.