IFP Advisors Inc Boosts Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

IFP Advisors Inc grew its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 109,759 shares of the company’s stock after purchasing an additional 2,375 shares during the quarter. IFP Advisors Inc owned approximately 0.25% of iShares U.S. Aerospace & Defense ETF worth $26,608,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bogart Wealth LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 447.6% during the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after buying an additional 94 shares during the period. Physician Wealth Advisors Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 395.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares in the last quarter. Optima Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. Clearstead Trust LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the first quarter worth $28,000. Finally, GHP Investment Advisors Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $30,000.

iShares U.S. Aerospace & Defense ETF Trading Down 0.1%

Shares of BATS ITA opened at $251.62 on Thursday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $191.82 and a 12-month high of $256.60. The stock’s fifty day simple moving average is $239.46 and its two-hundred day simple moving average is $233.09. The stock has a market capitalization of $11.07 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.