iShares U.S. Aerospace & Defense ETF (BATS:ITA – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $233.78 and traded as high as $235.98. iShares U.S. Aerospace & Defense ETF shares last traded at $234.30, with a volume of 547,068 shares traded.
iShares U.S. Aerospace & Defense ETF Stock Down 0.9%
The business’s 50 day simple moving average is $241.43 and its 200 day simple moving average is $233.85. The stock has a market cap of $10.31 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.
Institutional Investors Weigh In On iShares U.S. Aerospace & Defense ETF
Several hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after buying an additional 450,652 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after buying an additional 325,026 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in iShares U.S. Aerospace & Defense ETF by 161.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock valued at $109,152,000 after buying an additional 313,740 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $47,721,000. Finally, JPMorgan Chase & Co. raised its holdings in iShares U.S. Aerospace & Defense ETF by 37.9% in the 4th quarter. JPMorgan Chase & Co. now owns 683,215 shares of the company’s stock valued at $146,680,000 after acquiring an additional 187,900 shares during the period.
iShares U.S. Aerospace & Defense ETF Company 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.
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