Resolute Wealth Strategies LLC Purchases New Shares in iShares U.S. Aerospace & Defense ETF $ITA

Resolute Wealth Strategies LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,120 shares of the company’s stock, valued at approximately $2,433,000. iShares U.S. Aerospace & Defense ETF accounts for about 1.0% of Resolute Wealth Strategies LLC’s portfolio, making the stock its 26th biggest holding.

A number of other hedge funds have also bought and sold shares of ITA. BNP Paribas Financial Markets grew its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after purchasing an additional 450,652 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 161.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock valued at $109,152,000 after buying an additional 313,740 shares during the period. Dynasty Wealth Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $47,721,000. Finally, JPMorgan Chase & Co. grew its position in iShares U.S. Aerospace & Defense ETF by 37.9% during the fourth quarter. JPMorgan Chase & Co. now owns 683,215 shares of the company’s stock worth $146,680,000 after buying an additional 187,900 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $230.73 on Monday. The stock’s fifty day moving average price is $233.32 and its two-hundred day moving average price is $231.62. iShares U.S. Aerospace & Defense ETF has a one year low of $190.16 and a one year high of $251.49. The firm has a market cap of $10.15 billion, a PE 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.