BFI Infinity Ltd. Takes Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

BFI Infinity Ltd. acquired a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,355 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently modified their holdings of ITA. Fairscale Capital LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $27,000. Armstrong Advisory Group Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 200.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock valued at $28,000 after purchasing an additional 130 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $30,000. ORG Partners LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 2,000.0% during the 3rd quarter. ORG Partners LLC now owns 315 shares of the company’s stock valued at $47,000 after buying an additional 300 shares during the last quarter. Finally, Salem Investment Counselors Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 300.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock valued at $47,000 after acquiring an additional 240 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock opened at $148.89 on Thursday. The company’s 50-day simple moving average is $149.69 and its 200-day simple moving average is $145.85. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).