iShares U.S. Aerospace & Defense ETF $ITA Shares Acquired by Valley National Advisers Inc.

Valley National Advisers Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 41.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 203 shares of the company’s stock after purchasing an additional 59 shares during the period. Valley National Advisers Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $38,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth approximately $132,000. Diversified Trust Co acquired a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth $256,000. Beaumont Financial Advisors LLC boosted its position in iShares U.S. Aerospace & Defense ETF by 21.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 1,895 shares of the company’s stock worth $357,000 after acquiring an additional 335 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 9.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 133,627 shares of the company’s stock worth $20,458,000 after purchasing an additional 11,768 shares in the last quarter. Finally, North Star Investment Management Corp. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at $125,000.

iShares U.S. Aerospace & Defense ETF Stock Up 43.6%

Shares of BATS ITA opened at $212.70 on Tuesday. The stock has a market cap of $9.36 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm’s 50-day simple moving average is $199.94 and its 200 day simple moving average is $180.39. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47.

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).