Northwestern Mutual Wealth Management Co. Buys 7,456 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.2% during the second quarter, Holdings Channel reports. The institutional investor owned 127,621 shares of the company’s stock after acquiring an additional 7,456 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $16,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of ITA. Asset Dedication LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at $25,000. Cultivar Capital Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth about $27,000. Fairscale Capital LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $27,000. Opal Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at approximately $28,000. Finally, Fifth Third Bancorp acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at approximately $29,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock opened at $149.65 on Tuesday. The company has a market capitalization of $7.03 billion, a P/E ratio of 29.96 and a beta of 0.60. The company’s 50 day moving average price is $143.32 and its two-hundred day moving average price is $136.32. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56.

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).