Freedom Investment Management Inc. Makes New $2.41 Million Investment in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Freedom Investment Management Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,083 shares of the company’s stock, valued at approximately $2,407,000.

Several other hedge funds have also made changes to their positions in ITA. Asset Dedication LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at $25,000. Fairscale Capital LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth about $30,000. Cultivar Capital Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF during the second quarter worth about $27,000. Finally, Opal Wealth Advisors LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $28,000.

iShares U.S. Aerospace & Defense ETF Trading Up 1.1 %

Shares of ITA opened at $154.63 on Wednesday. The firm has a market capitalization of $7.27 billion, a PE ratio of 29.96 and a beta of 0.60. The stock’s 50 day moving average is $150.70 and its two-hundred day moving average is $142.32. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56.

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).