Blue Trust Inc. Increases Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Blue Trust Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.0% during the 2nd quarter, Holdings Channel reports. The firm owned 929 shares of the company’s stock after buying an additional 92 shares during the quarter. Blue Trust Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $175,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after purchasing an additional 151,757 shares in the last quarter. Cetera Investment Advisers lifted its stake in iShares U.S. Aerospace & Defense ETF by 10.1% in the 1st quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock worth $38,301,000 after purchasing an additional 22,941 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 40.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock worth $34,784,000 after purchasing an additional 65,889 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth $34,118,000. Finally, HighTower Advisors LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 21.3% in the 1st quarter. HighTower Advisors LLC now owns 179,543 shares of the company’s stock worth $27,488,000 after purchasing an additional 31,536 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 40.2%

Shares of ITA stock opened at $207.62 on Thursday. The stock has a market cap of $9.14 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $198.47. The company’s fifty day simple moving average is $201.78 and its two-hundred day simple moving average is $183.00.

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).