Summit Financial LLC Acquires 2,057 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Summit Financial LLC grew its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 92.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,286 shares of the company’s stock after acquiring an additional 2,057 shares during the period. Summit Financial LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $623,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. IPG Investment Advisors LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 6.0% in the fourth quarter. IPG Investment Advisors LLC now owns 1,494 shares of the company’s stock worth $217,000 after purchasing an additional 84 shares in the last quarter. Level Four Advisory Services LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 13.5% during the 4th quarter. Level Four Advisory Services LLC now owns 2,716 shares of the company’s stock worth $395,000 after acquiring an additional 322 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 26.3% during the 4th quarter. Orion Portfolio Solutions LLC now owns 3,832 shares of the company’s stock valued at $557,000 after acquiring an additional 797 shares during the last quarter. Tepp RIA LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $465,000. Finally, Blair William & Co. IL lifted its holdings in iShares U.S. Aerospace & Defense ETF by 17.0% in the 4th quarter. Blair William & Co. IL now owns 19,130 shares of the company’s stock worth $2,781,000 after purchasing an additional 2,776 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 4.9 %

Shares of ITA stock opened at $155.37 on Thursday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $126.65 and a 12 month high of $160.18. The company has a market cap of $6.39 billion, a PE ratio of 30.68 and a beta of 0.82. The business’s 50 day moving average is $153.98 and its two-hundred day moving average is $151.33.

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).