Confluence Investment Management LLC Acquires New Shares in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Confluence Investment Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 37,144 shares of the company’s stock, valued at approximately $4,900,000. Confluence Investment Management LLC owned about 0.08% of iShares U.S. Aerospace & Defense ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Solstein Capital LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 21.4% during the 4th quarter. Solstein Capital LLC now owns 482 shares of the company’s stock worth $61,000 after acquiring an additional 85 shares during the last quarter. Flaharty Asset Management LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 3.3% during the fourth quarter. Flaharty Asset Management LLC now owns 2,860 shares of the company’s stock valued at $362,000 after buying an additional 92 shares during the last quarter. Main Street Financial Solutions LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 0.5% in the fourth quarter. Main Street Financial Solutions LLC now owns 20,495 shares of the company’s stock valued at $2,595,000 after acquiring an additional 92 shares during the period. Cadent Capital Advisors LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 0.3% in the fourth quarter. Cadent Capital Advisors LLC now owns 32,400 shares of the company’s stock valued at $4,102,000 after acquiring an additional 95 shares during the period. Finally, Lindbrook Capital LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 100.0% in the fourth quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 0.2 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $133.73 on Wednesday. The stock has a market capitalization of $6.29 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56. The firm’s 50-day moving average price is $132.89 and its two-hundred day moving average price is $128.22.

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).