Wealth Effects LLC Has $314,000 Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Wealth Effects LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 18.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,157 shares of the company’s stock after buying an additional 336 shares during the period. Wealth Effects LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $314,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ITA. LPL Financial LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 7.6% during the third quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock valued at $145,716,000 after purchasing an additional 69,091 shares during the last quarter. Stifel Financial Corp raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.2% during the third quarter. Stifel Financial Corp now owns 305,078 shares of the company’s stock worth $45,657,000 after buying an additional 3,677 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 8.7% in the third quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock valued at $42,970,000 after buying an additional 23,100 shares during the period. Commonwealth Equity Services LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 2.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock worth $42,773,000 after acquiring an additional 7,522 shares during the period. Finally, Raymond James & Associates increased its holdings in iShares U.S. Aerospace & Defense ETF by 8.8% in the third quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock valued at $40,092,000 after purchasing an additional 21,721 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 4.6 %

iShares U.S. Aerospace & Defense ETF stock opened at $154.84 on Tuesday. The firm has a market capitalization of $7.28 billion, a P/E ratio of 29.96 and a beta of 0.60. The business has a 50-day moving average of $149.87 and a 200-day moving average of $147.15. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56.

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).