Fifth Third Wealth Advisors LLC Increases Stake in iShares U.S. Aerospace & Defense ETF $ITA

Fifth Third Wealth Advisors LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 126.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,592 shares of the company’s stock after purchasing an additional 2,567 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,004,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Physician Wealth Advisors Inc. boosted its position in iShares U.S. Aerospace & Defense ETF by 395.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring an additional 95 shares during the last quarter. Optima Capital LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $28,000. Aventura Private Wealth LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $30,000. Finally, Wolff Wiese Magana LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 302.6% in the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $236.78 on Friday. The stock’s fifty day moving average is $227.61 and its two-hundred day moving average is $228.49. The firm has a market capitalization of $10.42 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $183.42 and a fifty-two week high of $250.65.

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.