Avantax Advisory Services Inc. Has $11.75 Million Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Avantax Advisory Services Inc. increased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 80,867 shares of the company’s stock after purchasing an additional 5,168 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $11,754,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Essential Planning LLC. bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $7,407,000. Chicago Wealth Management Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 1.0% during the 4th quarter. Chicago Wealth Management Inc. now owns 74,631 shares of the company’s stock worth $10,848,000 after purchasing an additional 759 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 8.8% in the 4th quarter. Farther Finance Advisors LLC now owns 2,170 shares of the company’s stock valued at $315,000 after buying an additional 175 shares during the last quarter. HighTower Advisors LLC increased its position in iShares U.S. Aerospace & Defense ETF by 110.8% in the 4th quarter. HighTower Advisors LLC now owns 148,007 shares of the company’s stock worth $21,513,000 after buying an additional 77,790 shares during the period. Finally, Independent Advisor Alliance acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $1,292,000.

iShares U.S. Aerospace & Defense ETF Trading Up 1.0 %

ITA opened at $149.52 on Thursday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $126.12 and a 1-year high of $159.58. The business has a 50 day moving average of $151.97 and a 200-day moving average of $150.24. The stock has a market capitalization of $6.22 billion, a price-to-earnings ratio of 29.80 and a beta of 1.02.

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).