Fairscale Capital LLC Purchases New Shares in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Fairscale Capital LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 2nd quarter, Holdings Channel reports. The firm acquired 199 shares of the company’s stock, valued at approximately $27,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Global Assets Advisory LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $111,303,000. Envestnet Asset Management Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 63.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after purchasing an additional 184,937 shares in the last quarter. Cetera Investment Advisers boosted its holdings in iShares U.S. Aerospace & Defense ETF by 223.8% in the 1st quarter. Cetera Investment Advisers now owns 205,647 shares of the company’s stock valued at $27,131,000 after purchasing an additional 142,141 shares during the period. Cadent Capital Advisors LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 198.3% during the 1st quarter. Cadent Capital Advisors LLC now owns 96,660 shares of the company’s stock worth $12,752,000 after purchasing an additional 64,260 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth approximately $6,929,000.

iShares U.S. Aerospace & Defense ETF Trading Up 0.4 %

BATS ITA opened at $147.89 on Monday. The company has a market cap of $6.95 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 company has a 50 day moving average of $141.67 and a 200-day moving average of $135.44.

iShares U.S. Aerospace & Defense ETF Company 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).