iShares U.S. Aerospace & Defense ETF $ITA Stock Position Increased by Sheets Smith Wealth Management

Sheets Smith Wealth Management boosted its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,377 shares of the company’s stock after purchasing an additional 175 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,958,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wood Tarver Financial Group LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $28,000. 1 North Wealth Services LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth about $32,000. WPG Advisers LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth about $36,000. AlphaCore Capital LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth about $38,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth about $39,000.

iShares U.S. Aerospace & Defense ETF Trading Up 39.2%

ITA stock opened at $206.19 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $198.47. The company has a market capitalization of $9.07 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm’s 50-day moving average is $197.84 and its two-hundred day moving average is $176.88.

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).