iShares U.S. Aerospace & Defense ETF (BATS:ITA) Stock Position Lifted by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,349 shares of the company’s stock after purchasing an additional 73 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares U.S. Aerospace & Defense ETF were worth $923,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ITA. Raymond James Financial Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $68,446,000. Benjamin Edwards Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 1,568.6% in the third quarter. Benjamin Edwards Inc. now owns 98,730 shares of the company’s stock worth $14,775,000 after acquiring an additional 92,813 shares in the last quarter. HighTower Advisors LLC grew its position in iShares U.S. Aerospace & Defense ETF by 110.8% in the fourth quarter. HighTower Advisors LLC now owns 148,007 shares of the company’s stock worth $21,513,000 after acquiring an additional 77,790 shares in the last quarter. LPL Financial LLC grew its position in iShares U.S. Aerospace & Defense ETF by 7.6% in the third quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock worth $145,716,000 after acquiring an additional 69,091 shares in the last quarter. Finally, Essential Planning LLC. bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth approximately $7,407,000.

iShares U.S. Aerospace & Defense ETF Stock Up 5.7 %

ITA stock opened at $156.46 on Thursday. The company has a market capitalization of $6.42 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 12 month low of $126.65 and a 12 month high of $159.58. The firm has a 50 day moving average of $152.78 and a two-hundred day moving average of $150.47.

iShares U.S. Aerospace & Defense ETF Company 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).