iShares U.S. Aerospace & Defense ETF (BATS:ITA – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $253.06 and last traded at $252.37, with a volume of 73854 shares traded. The stock had previously closed at $250.65.
iShares U.S. Aerospace & Defense ETF Stock Performance
The stock has a market cap of $11.11 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a fifty day moving average price of $237.00 and a 200 day moving average price of $232.64.
Institutional Investors Weigh In On iShares U.S. Aerospace & Defense ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bogart Wealth LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 447.6% in the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares in the last quarter. Physician Wealth Advisors Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 395.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 95 shares in the last quarter. Optima Capital LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $28,000. Clearstead Trust LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $28,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $30,000.
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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.
Further Reading
- Five stocks we like better than iShares U.S. Aerospace & Defense ETF
- 3 Stocks Taking Very Different Routes Through the Summer Rally
- Is ADM’s Rally Getting Ahead of Its Policy Tailwind?
- CoreWeave Powers Up: The Asia Infrastructure Grab
- Boot Barn Stock Still Has Room to Run, But It Must Earn Its Premium
Receive News & Ratings for iShares U.S. Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.
