Confluence Investment Management LLC Raises Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Confluence Investment Management LLC grew its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,178 shares of the company’s stock after purchasing an additional 718 shares during the quarter. Confluence Investment Management LLC owned 0.09% of iShares U.S. Aerospace & Defense ETF worth $5,985,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ITA. FMR LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 23.2% in the third quarter. FMR LLC now owns 13,276 shares of the company’s stock valued at $1,987,000 after acquiring an additional 2,501 shares in the last quarter. Daymark Wealth Partners LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $206,000. Lion Street Advisors LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.4% during the 3rd quarter. Lion Street Advisors LLC now owns 2,947 shares of the company’s stock worth $441,000 after purchasing an additional 302 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth $110,000. Finally, Wealthspire Advisors LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 47.3% in the second quarter. Wealthspire Advisors LLC now owns 5,503 shares of the company’s stock valued at $727,000 after buying an additional 1,768 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS ITA opened at $144.86 on Friday. The business has a 50-day moving average of $149.93 and a two-hundred day moving average of $144.97. The company has a market capitalization of $6.81 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.

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).