IFP Advisors Inc Grows Position in iShares U.S. Aerospace & Defense ETF $ITA

IFP Advisors Inc raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,807 shares of the company’s stock after purchasing an additional 3,423 shares during the quarter. IFP Advisors Inc’s holdings in iShares U.S. Aerospace & Defense ETF were worth $27,055,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the second quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after purchasing an additional 450,652 shares during the period. LPL Financial LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after buying an additional 325,026 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 161.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after buying an additional 313,740 shares during the period. Dynasty Wealth Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $47,721,000. Finally, Corient Private Wealth LP grew its stake in iShares U.S. Aerospace & Defense ETF by 665.9% in the 2nd quarter. Corient Private Wealth LP now owns 251,407 shares of the company’s stock valued at $60,946,000 after buying an additional 218,581 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA stock opened at $223.53 on Wednesday. The company’s fifty day simple moving average is $239.50 and its two-hundred day simple moving average is $233.37. iShares U.S. Aerospace & Defense ETF has a 1 year low of $194.63 and a 1 year high of $256.60. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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). 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.