Atlatl Advisers LLC Buys New Stake in iShares U.S. Aerospace & Defense ETF $ITA

Atlatl Advisers LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the second quarter, HoldingsChannel reports. The institutional investor purchased 1,375 shares of the company’s stock, valued at approximately $259,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Valley National Advisers Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 41.0% during the 2nd quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock worth $38,000 after buying an additional 59 shares during the last quarter. Charter Oak Capital Management LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.3% during the 2nd quarter. Charter Oak Capital Management LLC now owns 4,525 shares of the company’s stock worth $854,000 after buying an additional 60 shares during the last quarter. Copia Wealth Management increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 37.1% during the 2nd quarter. Copia Wealth Management now owns 233 shares of the company’s stock worth $44,000 after buying an additional 63 shares during the last quarter. Wealthspire Advisors LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.2% during the 1st quarter. Wealthspire Advisors LLC now owns 5,601 shares of the company’s stock worth $857,000 after buying an additional 69 shares during the last quarter. Finally, Magnus Financial Group LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 4.5% during the 2nd quarter. Magnus Financial Group LLC now owns 1,606 shares of the company’s stock worth $303,000 after buying an additional 69 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 46.4%

Shares of BATS ITA opened at $216.80 on Friday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $129.14 and a 12-month high of $198.47. The company has a market cap of $9.54 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock has a fifty day moving average price of $203.82 and a 200 day moving average price of $186.51.

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).