Concourse Financial Group Securities Inc. Raises Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Concourse Financial Group Securities Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.9% in the first quarter, HoldingsChannel reports. The firm owned 12,290 shares of the company’s stock after buying an additional 463 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,621,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ITA. Global Assets Advisory LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth $111,303,000. International Assets Investment Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $66,271,000. BNP Paribas Financial Markets increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 511.0% during the 4th 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 last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 63.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after acquiring an additional 184,937 shares during the period. Finally, Modera Wealth Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth approximately $18,870,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock traded down $0.75 during trading on Friday, reaching $132.40. The company had a trading volume of 193,114 shares. The firm has a market capitalization of $6.22 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The stock’s 50 day moving average price is $134.08 and its two-hundred day moving average price is $129.02.

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).