Evergreen Wealth Partners LLC Takes $1.02 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

Evergreen Wealth Partners LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 4,760 shares of the company’s stock, valued at approximately $1,022,000. iShares U.S. Aerospace & Defense ETF makes up approximately 0.9% of Evergreen Wealth Partners LLC’s portfolio, making the stock its 23rd biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Physician Wealth Advisors Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 95 shares in the last quarter. Optima Capital LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $28,000. Aventura Private Wealth LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $30,000. Finally, Wolff Wiese Magana LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 3.2%

Shares of BATS ITA opened at $217.27 on Friday. The firm’s 50-day moving average price is $225.95 and its 200-day moving average price is $223.37. The stock has a market capitalization of $9.56 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 $168.44 and a 12-month high of $250.65.

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.