Corient Private Wealth LLC Raises Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Corient Private Wealth LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 356.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 31,861 shares of the company’s stock after buying an additional 24,885 shares during the period. Corient Private Wealth LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $6,841,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $163,000. SHP Wealth Management purchased a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth about $35,000. NWF Advisory Services Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 14.8% during the fourth quarter. NWF Advisory Services Inc. now owns 4,531 shares of the company’s stock worth $973,000 after acquiring an additional 585 shares during the last quarter. CFO Capital Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $226,000. Finally, Clearwave Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $906,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $237.38 on Friday. The stock has a market cap of $10.44 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The stock has a 50 day moving average price of $227.55 and a 200-day moving average price of $228.43. iShares U.S. Aerospace & Defense ETF has a one year low of $182.75 and a one year high of $250.65.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.