Synergy Investment Management LLC Purchases Shares of 1,856 iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Synergy Investment Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,856 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after acquiring an additional 23,100 shares in the last quarter. Tandem Financial LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $2,169,000. Franklin Resources Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 34.8% during the third quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock worth $76,000 after purchasing an additional 127 shares during the last quarter. FMR LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 23.2% during the third quarter. FMR LLC now owns 13,276 shares of the company’s stock worth $1,987,000 after purchasing an additional 2,501 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at $110,000.

iShares U.S. Aerospace & Defense ETF Stock Up 3.3 %

Shares of BATS ITA opened at $152.98 on Tuesday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The firm’s 50-day simple moving average is $151.56 and its 200 day simple moving average is $149.93. The company has a market cap of $6.36 billion, a price-to-earnings ratio of 29.80 and a beta of 1.02.

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).