Griffin Asset Management Inc. Grows Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Griffin Asset Management Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 17.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,183 shares of the company’s stock after purchasing an additional 318 shares during the quarter. Griffin Asset Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Armstrong Advisory Group Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 200.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after buying an additional 130 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth approximately $30,000. Albion Financial Group UT purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at $31,000. ORG Partners LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2,000.0% in the 3rd quarter. ORG Partners LLC now owns 315 shares of the company’s stock worth $47,000 after purchasing an additional 300 shares in the last quarter. Finally, Salem Investment Counselors Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 300.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock worth $47,000 after purchasing an additional 240 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $154.87 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56. The stock’s fifty day moving average price is $149.95 and its 200-day moving average price is $147.30. The company has a market cap of $7.28 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).