Sigma Planning Corp Boosts Stake in iShares U.S. Aerospace & Defense ETF $ITA

Sigma Planning Corp lifted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 18.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 23,273 shares of the company’s stock after purchasing an additional 3,650 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Aerospace & Defense ETF were worth $5,642,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Clearwave Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $906,000. Tepp RIA LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 389.7% in the first quarter. Tepp RIA LLC now owns 8,814 shares of the company’s stock valued at $1,928,000 after purchasing an additional 7,014 shares during the period. Odyssey Capital Advisors Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $1,624,000. Tsfg LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 69.3% in the fourth quarter. Tsfg LLC now owns 13,794 shares of the company’s stock valued at $2,961,000 after buying an additional 5,648 shares in the last quarter. Finally, World Investment Advisors raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 124.6% during the 4th quarter. World Investment Advisors now owns 24,038 shares of the company’s stock worth $5,161,000 after buying an additional 13,334 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA stock opened at $232.82 on Monday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $194.59 and a 1-year high of $256.60. The company has a market cap of $10.24 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The stock has a 50 day simple moving average of $241.21 and a 200-day simple moving average of $233.84.

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.