Roble Belko & Company Inc Purchases New Stake in iShares U.S. Aerospace & Defense ETF $ITA

Roble Belko & Company Inc purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,119 shares of the company’s stock, valued at approximately $8,756,000. iShares U.S. Aerospace & Defense ETF comprises approximately 1.0% of Roble Belko & Company Inc’s portfolio, making the stock its 23rd largest holding. Roble Belko & Company Inc owned 0.08% of iShares U.S. Aerospace & Defense ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Baird Financial Group Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 6.2% in the second quarter. Baird Financial Group Inc. now owns 111,570 shares of the company’s stock worth $27,047,000 after acquiring an additional 6,493 shares during the period. Performa Ltd US LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at approximately $606,000. Arcus Capital Partners LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth approximately $5,624,000. Beacon Investment Advisory Services Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 35.2% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 2,983 shares of the company’s stock worth $723,000 after purchasing an additional 777 shares during the last quarter. Finally, Centerline Wealth Advisors LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 1.0% during the 2nd quarter. Centerline Wealth Advisors LLC now owns 9,510 shares of the company’s stock worth $2,305,000 after purchasing an additional 90 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 0.9%

ITA stock opened at $223.53 on Wednesday. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12-month low of $194.63 and a 12-month high of $256.60. The company’s fifty day simple moving average is $239.50 and its 200 day simple moving average is $233.37.

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.