Pilgrim Partners Asia Pte Ltd Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Pilgrim Partners Asia Pte Ltd bought a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,450 shares of the company’s stock, valued at approximately $2,165,000. iShares U.S. Aerospace & Defense ETF accounts for approximately 0.4% of Pilgrim Partners Asia Pte Ltd’s holdings, making the stock its 18th largest position.

Other institutional investors have also modified their holdings of the company. Venturi Wealth Management LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 1.5% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,959 shares of the company’s stock worth $717,000 after purchasing an additional 44 shares during the period. JM2 Capital Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 1.5% in the 2nd quarter. JM2 Capital Inc. now owns 2,912 shares of the company’s stock worth $706,000 after acquiring an additional 44 shares during the period. Citizens Financial Group Inc. RI grew its holdings in iShares U.S. Aerospace & Defense ETF by 5.4% in the 1st quarter. Citizens Financial Group Inc. RI now owns 1,004 shares of the company’s stock valued at $220,000 after buying an additional 51 shares during the last quarter. ProCore Advisors LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 2.9% during the 3rd quarter. ProCore Advisors LLC now owns 1,821 shares of the company’s stock valued at $377,000 after purchasing an additional 52 shares during the last quarter. Finally, Edgestream Partners L.P. grew its position in iShares U.S. Aerospace & Defense ETF by 4.3% during the first quarter. Edgestream Partners L.P. now owns 1,306 shares of the company’s stock worth $286,000 after buying an additional 54 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 2.1%

ITA opened at $209.74 on Friday. The stock has a market cap of $9.23 billion, a PE ratio of 34.35 and a beta of 0.87. The stock’s 50 day simple moving average is $214.71 and its 200-day simple moving average is $229.16. iShares U.S. Aerospace & Defense ETF has a 1 year low of $195.71 and a 1 year high of $256.60.

iShares U.S. Aerospace & Defense ETF’s stock is going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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.