Stephen J. Garry & Associates LLC Grows Position in iShares U.S. Aerospace & Defense ETF $ITA

Stephen J. Garry & Associates LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 62.8% in the first quarter, HoldingsChannel.com reports. The firm owned 7,892 shares of the company’s stock after acquiring an additional 3,043 shares during the quarter. iShares U.S. Aerospace & Defense ETF accounts for about 1.4% of Stephen J. Garry & Associates LLC’s investment portfolio, making the stock its 15th largest holding. Stephen J. Garry & Associates LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ITA. Physician Wealth Advisors Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 95 shares during the period. Aventura Private Wealth LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $28,000. Optima Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at about $30,000. Finally, Wolff Wiese Magana LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $238.99 on Monday. The company’s 50 day simple moving average is $227.24 and its 200-day simple moving average is $227.48. The company has a market capitalization of $10.52 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $177.56 and a 1 year high of $250.65.

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). 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.