Odyssey Capital Advisors Inc. Invests $1.62 Million in iShares U.S. Aerospace & Defense ETF $ITA

Odyssey Capital Advisors Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 7,565 shares of the company’s stock, valued at approximately $1,624,000. iShares U.S. Aerospace & Defense ETF comprises about 1.4% of Odyssey Capital Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position.

A number of other institutional investors also recently made changes to their positions in ITA. Physician Wealth Advisors Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring an additional 95 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $28,000. Optima Capital LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $28,000. GHP Investment Advisors Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $30,000. Finally, Wolff Wiese Magana LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 302.6% in the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $217.27 on Monday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $168.44 and a fifty-two week high of $250.65. The stock has a market cap of $9.56 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The business has a fifty day moving average of $225.95 and a 200-day moving average of $223.41.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.