Breachway Investments LLC Purchases Shares of 9,703 iShares U.S. Aerospace & Defense ETF $ITA

Breachway Investments LLC acquired a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,703 shares of the company’s stock, valued at approximately $2,083,000. iShares U.S. Aerospace & Defense ETF accounts for approximately 2.2% of Breachway Investments LLC’s portfolio, making the stock its 12th largest holding.

A number of other hedge funds have also recently made changes to their positions in ITA. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1,674.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after acquiring an additional 4,510,762 shares during the period. Park Avenue Securities LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 2,172.2% in the third quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock worth $101,136,000 after acquiring an additional 462,031 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the second quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after acquiring an additional 450,652 shares during the period. CWM LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1,470.8% in the third quarter. CWM LLC now owns 437,468 shares of the company’s stock worth $91,545,000 after acquiring an additional 409,618 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 9,026.7% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 402,305 shares of the company’s stock worth $84,186,000 after acquiring an additional 397,897 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Down 0.0%

BATS ITA opened at $231.85 on Tuesday. The firm has a market cap of $10.20 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The business has a 50-day moving average price of $232.79 and a 200-day moving average price of $222.33. iShares U.S. Aerospace & Defense ETF has a twelve month low of $143.48 and a twelve month high of $250.65.

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.