Financial Advocates Investment Management Increases Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Financial Advocates Investment Management grew its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 40.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,530 shares of the company’s stock after acquiring an additional 6,191 shares during the period. Financial Advocates Investment Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,129,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ITA. Armstrong Advisory Group Inc. increased its position in iShares U.S. Aerospace & Defense ETF by 200.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after purchasing an additional 130 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at approximately $30,000. Albion Financial Group UT purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $31,000. HHM Wealth Advisors LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 273.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock worth $33,000 after acquiring an additional 164 shares during the period. Finally, Hager Investment Management Services LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $40,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $157.28 on Thursday. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The firm has a market capitalization of $7.39 billion, a P/E ratio of 29.96 and a beta of 0.60. The company’s fifty day moving average is $150.30 and its two-hundred day moving average is $148.11.

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).