Thrivent Financial for Lutherans Acquires 34,510 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Thrivent Financial for Lutherans boosted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 83.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,635 shares of the company’s stock after buying an additional 34,510 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares U.S. Aerospace & Defense ETF were worth $15,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ITA. Financial Consulate Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $28,000. SRH Advisors LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $30,000. Atlantic Union Bankshares Corp bought a new position in iShares U.S. Aerospace & Defense ETF during the second quarter worth about $31,000. Total Investment Management Inc. bought a new position in iShares U.S. Aerospace & Defense ETF during the second quarter worth about $35,000. Finally, N.E.W. Advisory Services LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 37.4% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after buying an additional 46 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $234.44 on Wednesday. The company has a market capitalization of $10.32 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm’s 50 day simple moving average is $220.92 and its 200 day simple moving average is $209.58. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.