Founders Financial Securities LLC Acquires 2,956 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Founders Financial Securities LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,626 shares of the company’s stock after purchasing an additional 2,956 shares during the period. Founders Financial Securities LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $7,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Choreo LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 6.0% in the third quarter. Choreo LLC now owns 4,558 shares of the company’s stock valued at $944,000 after buying an additional 260 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.3% during the 3rd quarter. D.A. Davidson & CO. now owns 19,704 shares of the company’s stock valued at $4,082,000 after buying an additional 1,335 shares during the period. DecisionPoint Financial LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at about $50,000. Latitude Advisors LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $45,000. Finally, Balance Wealth Partners LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $76,000.

iShares U.S. Aerospace & Defense ETF Stock Up 3.2%

BATS ITA opened at $214.30 on Friday. The stock has a market cap of $9.43 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $195.71 and a fifty-two week high of $256.60. The business has a 50 day moving average price of $215.27 and a two-hundred day moving average price of $229.29.

iShares U.S. Aerospace & Defense ETF’s stock is set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Wednesday, November 4th.

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.