iShares U.S. Aerospace & Defense ETF (BATS:ITA – Get Free Report)’s share price crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $214.26 and traded as high as $215.69. iShares U.S. Aerospace & Defense ETF shares last traded at $214.68, with a volume of 1,071,683 shares trading hands.
iShares U.S. Aerospace & Defense ETF Price Performance
The firm has a market cap of $9.45 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock’s 50 day moving average is $214.26 and its two-hundred day moving average is $229.04.
iShares U.S. Aerospace & Defense ETF shares are scheduled to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.
Institutional Investors Weigh In On iShares U.S. Aerospace & Defense ETF
Several large investors have recently modified their holdings of ITA. Venturi Wealth Management LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 1.5% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,959 shares of the company’s stock valued at $717,000 after buying an additional 44 shares in the last quarter. JM2 Capital Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 1.5% in the second quarter. JM2 Capital Inc. now owns 2,912 shares of the company’s stock valued at $706,000 after acquiring an additional 44 shares during the period. Citizens Financial Group Inc. RI grew its position in iShares U.S. Aerospace & Defense ETF by 5.4% in the first quarter. Citizens Financial Group Inc. RI now owns 1,004 shares of the company’s stock valued at $220,000 after acquiring an additional 51 shares during the period. ProCore Advisors LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 2.9% during the third quarter. ProCore Advisors LLC now owns 1,821 shares of the company’s stock worth $377,000 after acquiring an additional 52 shares in the last quarter. Finally, Edgestream Partners L.P. raised its stake in iShares U.S. Aerospace & Defense ETF by 4.3% during the first quarter. Edgestream Partners L.P. now owns 1,306 shares of the company’s stock worth $286,000 after acquiring an additional 54 shares in the last quarter.
About iShares U.S. Aerospace & Defense ETF
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.
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