Wealthfront Advisers LLC Purchases 7,509 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Wealthfront Advisers LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 47.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,392 shares of the company’s stock after acquiring an additional 7,509 shares during the period. Wealthfront Advisers LLC owned approximately 0.05% of iShares U.S. Aerospace & Defense ETF worth $5,117,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bogart Wealth LLC grew its position in iShares U.S. Aerospace & Defense ETF by 447.6% in the 1st quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares during the last quarter. Physician Wealth Advisors Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 95 shares during the period. Aventura Private Wealth LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at $28,000. Optima Capital LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $28,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $30,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $230.73 on Friday. The stock has a fifty day moving average price of $233.32 and a two-hundred day moving average price of $231.52. iShares U.S. Aerospace & Defense ETF has a 52-week low of $190.16 and a 52-week high of $251.49. The company has a market cap of $10.15 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.