Concurrent Investment Advisors LLC Grows Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Concurrent Investment Advisors LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 30.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 12,494 shares of the company’s stock after buying an additional 2,882 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,816,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ITA. Armstrong Advisory Group Inc. raised its stake in shares of 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 valued at $28,000 after buying an additional 130 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at about $30,000. Albion Financial Group UT purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $31,000. HHM Wealth Advisors LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 273.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock valued at $33,000 after purchasing an additional 164 shares in the last quarter. Finally, Manchester Capital Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $39,000.

iShares U.S. Aerospace & Defense ETF Trading Up 0.8 %

BATS:ITA opened at $149.30 on Friday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56. The stock has a 50 day moving average of $151.05 and a two-hundred day moving average of $149.35. The firm has a market cap of $7.02 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).