iShares Defense Industrials Active ETF (NASDAQ:IDEF) Reaches New 12-Month Low – What’s Next?

iShares Defense Industrials Active ETF (NASDAQ:IDEF – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $28.49 and last traded at $28.3920, with a volume of 130,690 shares traded. The stock had previously closed at $29.69.

iShares Defense Industrials Active ETF Price Performance

The business’s 50-day simple moving average is $31.32 and its 200-day simple moving average is $33.12.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Fifth Third Wealth Advisors LLC raised its position in iShares Defense Industrials Active ETF by 21.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 181,549 shares of the company’s stock valued at $5,669,000 after purchasing an additional 32,644 shares during the last quarter. LifeSteps Financial Inc. grew its position in shares of iShares Defense Industrials Active ETF by 663.4% in the 3rd quarter. LifeSteps Financial Inc. now owns 17,291 shares of the company’s stock worth $540,000 after buying an additional 15,026 shares during the last quarter. NBH Bank purchased a new position in shares of iShares Defense Industrials Active ETF during the second quarter valued at approximately $57,000. Continuum Advisory LLC purchased a new position in shares of iShares Defense Industrials Active ETF during the second quarter valued at approximately $184,000. Finally, Tsfg LLC purchased a new position in shares of iShares Defense Industrials Active ETF during the second quarter valued at approximately $3,656,000.

iShares Defense Industrials Active ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares Defense Industrials Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Defense Industrials Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.