Base Wealth Management LLC Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Base Wealth Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 1st quarter, HoldingsChannel.com reports. The fund bought 9,504 shares of the company’s stock, valued at approximately $2,079,000. iShares U.S. Aerospace & Defense ETF accounts for approximately 1.2% of Base Wealth Management LLC’s holdings, making the stock its 18th largest holding.

Several other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its position in iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Morgan Stanley increased its holdings in iShares U.S. Aerospace & Defense ETF by 6.1% in the fourth quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock valued at $642,674,000 after buying an additional 171,385 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of iShares U.S. Aerospace & Defense ETF by 13.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after acquiring an additional 148,199 shares during the period. BNP Paribas Financial Markets raised its position in shares of iShares U.S. Aerospace & Defense ETF by 49.7% in the third quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock worth $190,950,000 after acquiring an additional 302,774 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 12.9% in the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after acquiring an additional 100,299 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Down 2.2%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $239.63 on Thursday. The firm has a market cap of $10.54 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a twelve month low of $186.60 and a twelve month high of $251.49. The business has a 50-day moving average price of $231.03 and a 200 day moving average price of $230.79.

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). 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.