Cubist Systematic Strategies LLC Takes $436,000 Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cubist Systematic Strategies LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,305 shares of the company’s stock, valued at approximately $436,000.

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

iShares U.S. Aerospace & Defense ETF Trading Up 1.0 %

iShares U.S. Aerospace & Defense ETF stock opened at $151.83 on Friday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56. The business’s fifty day simple moving average is $144.31 and its two-hundred day simple moving average is $136.86. The company has a market capitalization of $7.14 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).