iShares U.S. Aerospace & Defense ETF $ITA Shares Newly Bought by Elevated Financial Group LLC

Elevated Financial Group LLC bought a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, Holdings Channel reports. The institutional investor bought 24,804 shares of the company’s stock, valued at approximately $5,139,000. iShares U.S. Aerospace & Defense ETF makes up about 1.4% of Elevated Financial Group LLC’s holdings, making the stock its 16th biggest position.

Several other large investors have also recently made changes to their positions in the business. Bogart Wealth LLC lifted its holdings in shares of 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 acquiring an additional 94 shares during the last quarter. Continuum Advisory LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at $26,000. Clearstead Trust LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter valued at $28,000. SHP Wealth Management bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at $35,000. Finally, Wellington Grp LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $41,000.

iShares U.S. Aerospace & Defense ETF Stock Up 1.0%

Shares of BATS:ITA opened at $209.07 on Friday. The stock has a market cap of $9.20 billion, a PE ratio of 34.35 and a beta of 0.87. The company’s fifty day moving average is $222.69 and its 200 day moving average is $228.54. iShares U.S. Aerospace & Defense ETF has a 52 week low of $195.71 and a 52 week high of $256.60.

iShares U.S. Aerospace & Defense ETF shares are set to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

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.