Advisor Resource Council Makes New Investment in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Advisor Resource Council bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,020 shares of the company’s stock, valued at approximately $762,000.

A number of other large investors have also recently added to or reduced their stakes in ITA. Global Assets Advisory LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the first quarter worth approximately $111,303,000. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $66,271,000. BNP Paribas Financial Markets boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 511.0% in the fourth quarter. BNP Paribas Financial Markets now owns 299,903 shares of the company’s stock valued at $37,968,000 after acquiring an additional 250,820 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after acquiring an additional 184,937 shares during the period. Finally, Modera Wealth Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at approximately $18,870,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA traded up $0.62 during mid-day trading on Thursday, hitting $133.15. The company’s stock had a trading volume of 106,400 shares. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The firm has a market capitalization of $6.26 billion, a PE ratio of 29.96 and a beta of 0.60. The stock’s 50-day moving average is $133.94 and its two-hundred day moving average is $128.94.

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).