Florida Financial Advisors LLC Raises Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Florida Financial Advisors LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 13.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,359 shares of the company’s stock after buying an additional 279 shares during the quarter. Florida Financial Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Meridian Wealth Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth $332,000. Nwam LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $202,000. Great Valley Advisor Group Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 7.2% in the third quarter. Great Valley Advisor Group Inc. now owns 3,521 shares of the company’s stock worth $527,000 after acquiring an additional 235 shares during the period. Kingsview Wealth Management LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 150.8% in the third quarter. Kingsview Wealth Management LLC now owns 14,253 shares of the company’s stock valued at $2,133,000 after acquiring an additional 8,571 shares during the last quarter. Finally, DRW Securities LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 133.5% during the 3rd quarter. DRW Securities LLC now owns 4,198 shares of the company’s stock valued at $628,000 after acquiring an additional 2,400 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 7.7 %

Shares of ITA stock opened at $159.47 on Wednesday. The firm has a market cap of $6.55 billion, a P/E ratio of 30.31 and a beta of 1.00. The company has a 50 day moving average of $153.67 and a 200-day moving average of $150.90. iShares U.S. Aerospace & Defense ETF has a 12-month low of $126.65 and a 12-month high of $159.74.

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).