Steele Capital Management Inc. Has $4.50 Million Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Steele Capital Management Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 27.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,977 shares of the company’s stock after purchasing an additional 4,500 shares during the quarter. Steele Capital Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 20.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 82,763 shares of the company’s stock worth $17,748,000 after acquiring an additional 14,007 shares during the period. Semus Wealth Partners LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 17.2% in the fourth quarter. Semus Wealth Partners LLC now owns 1,465 shares of the company’s stock valued at $315,000 after acquiring an additional 215 shares during the last quarter. Beacon Bridge Wealth Partners LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $2,217,000. First Horizon Corp raised its position in iShares U.S. Aerospace & Defense ETF by 33.3% during the fourth quarter. First Horizon Corp now owns 1,005 shares of the company’s stock valued at $216,000 after purchasing an additional 251 shares in the last quarter. Finally, Ring Mountain Capital LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 4.5% during the fourth quarter. Ring Mountain Capital LLC now owns 5,352 shares of the company’s stock worth $1,149,000 after purchasing an additional 230 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock opened at $231.94 on Monday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $143.48 and a fifty-two week high of $250.65. The stock’s fifty day moving average price is $232.85 and its two-hundred day moving average price is $222.17. The company has a market cap of $10.21 billion, a PE ratio of 34.35 and a beta of 0.87.

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). 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.