Total Wealth Planning & Management Inc. Makes New $1.42 Million Investment in iShares U.S. Aerospace & Defense ETF $ITA

Total Wealth Planning & Management Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,597 shares of the company’s stock, valued at approximately $1,416,000. iShares U.S. Aerospace & Defense ETF comprises approximately 1.1% of Total Wealth Planning & Management Inc.’s holdings, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in ITA. Physician Wealth Advisors Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after purchasing an additional 95 shares during the last quarter. Aventura Private Wealth LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. Optima Capital LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. GHP Investment Advisors Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $30,000. Finally, Wolff Wiese Magana LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $231.57 on Friday. The firm has a fifty day moving average price of $224.45 and a 200 day moving average price of $224.96. iShares U.S. Aerospace & Defense ETF has a 1 year low of $175.60 and a 1 year high of $250.65. The stock has a market cap of $10.19 billion, a PE ratio of 34.35 and a beta of 0.87.

About iShares U.S. Aerospace & Defense ETF

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.