Integrated Wealth Concepts LLC lifted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 44.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 40,110 shares of the company’s stock after acquiring an additional 12,298 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $9,723,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in iShares U.S. Aerospace & Defense ETF by 283.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after acquiring an additional 450,652 shares in the last quarter. LPL Financial LLC grew 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 purchasing an additional 325,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 161.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after purchasing an additional 313,740 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $47,721,000. Finally, Corient Private Wealth LP increased its position in shares of iShares U.S. Aerospace & Defense ETF by 665.9% during the second quarter. Corient Private Wealth LP now owns 251,407 shares of the company’s stock valued at $60,946,000 after purchasing an additional 218,581 shares during the period.
iShares U.S. Aerospace & Defense ETF Trading Down 0.5%
Shares of BATS ITA opened at $218.32 on Friday. The business has a fifty day simple moving average of $238.41 and a 200 day simple moving average of $233.02. The firm has a market capitalization of $9.61 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a one year low of $195.71 and a one year high of $256.60.
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.
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