Sovran Advisors LLC Raises Stake in iShares U.S. Aerospace & Defense ETF $ITA

Sovran Advisors LLC raised its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,162 shares of the company’s stock after acquiring an additional 240 shares during the period. Sovran Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $964,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wealthspire Advisors LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.2% during the first quarter. Wealthspire Advisors LLC now owns 5,601 shares of the company’s stock worth $857,000 after buying an additional 69 shares in the last quarter. Milestone Asset Management LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.9% during the first quarter. Milestone Asset Management LLC now owns 3,944 shares of the company’s stock worth $604,000 after buying an additional 73 shares in the last quarter. Charter Oak Capital Management LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.7% during the first quarter. Charter Oak Capital Management LLC now owns 4,465 shares of the company’s stock worth $684,000 after buying an additional 76 shares in the last quarter. Nvwm LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 0.9% during the first quarter. Nvwm LLC now owns 8,322 shares of the company’s stock worth $1,274,000 after buying an additional 76 shares in the last quarter. Finally, Axis Wealth Partners LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 4.4% during the first quarter. Axis Wealth Partners LLC now owns 1,847 shares of the company’s stock worth $283,000 after buying an additional 77 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 37.2%

ITA opened at $203.16 on Friday. The company has a market cap of $8.94 billion, a P/E ratio of 34.35 and a beta of 0.87. The company has a 50 day moving average of $197.09 and a two-hundred day moving average of $175.60. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47.

iShares U.S. Aerospace & Defense ETF Company 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).