Bernard Wealth Management Corp. Invests $109,000 in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bernard Wealth Management Corp. purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 748 shares of the company’s stock, valued at approximately $109,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ITA. Cerity Partners LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the 4th quarter. Cerity Partners LLC now owns 23,439 shares of the company’s stock worth $3,408,000 after purchasing an additional 2,425 shares in the last quarter. Darden Wealth Group Inc lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 14.5% in the fourth quarter. Darden Wealth Group Inc now owns 1,615 shares of the company’s stock valued at $235,000 after purchasing an additional 205 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares U.S. Aerospace & Defense ETF by 14.9% during the fourth quarter. Wells Fargo & Company MN now owns 827,272 shares of the company’s stock worth $120,244,000 after buying an additional 107,163 shares in the last quarter. Arete Wealth Advisors LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 4.6% during the fourth quarter. Arete Wealth Advisors LLC now owns 3,715 shares of the company’s stock worth $540,000 after buying an additional 163 shares in the last quarter. Finally, World Investment Advisors grew its position in iShares U.S. Aerospace & Defense ETF by 1.1% during the fourth quarter. World Investment Advisors now owns 7,780 shares of the company’s stock worth $1,131,000 after buying an additional 86 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 8.4 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $135.60 on Tuesday. The company has a 50-day moving average of $152.95 and a two-hundred day moving average of $151.16. The stock has a market cap of $5.58 billion, a PE ratio of 30.68 and a beta of 0.82. iShares U.S. Aerospace & Defense ETF has a 12-month low of $126.65 and a 12-month high of $160.18.

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).