iShares Defense Industrials Active ETF (NASDAQ:IDEF) Sees Unusually-High Trading Volume – Here’s Why

iShares Defense Industrials Active ETF (NASDAQ:IDEF) shares saw strong trading volume on Thursday . 2,378,682 shares were traded during trading, an increase of 79% from the previous session’s volume of 1,327,036 shares.The stock last traded at $34.07 and had previously closed at $33.43.

iShares Defense Industrials Active ETF Stock Up 2.7%

The company’s 50 day moving average price is $33.57 and its 200 day moving average price is $33.19.

Institutional Trading of iShares Defense Industrials Active ETF

Several hedge funds have recently made changes to their positions in IDEF. AdvisorNet Financial Inc acquired a new stake in shares of iShares Defense Industrials Active ETF in the 1st quarter worth $51,000. Fifth Third Wealth Advisors LLC acquired a new stake in shares of iShares Defense Industrials Active ETF in the 1st quarter worth $3,359,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Defense Industrials Active ETF in the 1st quarter worth $126,000. Bank of New York Mellon Corp acquired a new stake in shares of iShares Defense Industrials Active ETF in the 1st quarter worth $66,560,000. Finally, Beaumont Financial Advisors LLC acquired a new stake in shares of iShares Defense Industrials Active ETF in the 1st quarter worth $7,485,000.

iShares Defense Industrials Active ETF Company Profile

BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.