IFP Advisors Inc Purchases 2,375 Shares of iShares U.S. Aerospace & Defense ETF $ITA

IFP Advisors Inc raised its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 109,759 shares of the company’s stock after buying an additional 2,375 shares during the quarter. IFP Advisors Inc’s holdings in iShares U.S. Aerospace & Defense ETF were worth $26,608,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ITA. AQR Capital Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth approximately $460,000. Goldman Sachs Group Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares during the last quarter. Russell Investments Group Ltd. lifted its position in iShares U.S. Aerospace & Defense ETF by 298.7% during the second quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock valued at $118,000 after acquiring an additional 469 shares during the last quarter. Quantbot Technologies LP acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $359,000. Finally, Cerity Partners LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 7.3% in the second quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock valued at $4,687,000 after acquiring an additional 1,688 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.1%

BATS ITA opened at $251.62 on Thursday. The firm’s fifty day simple moving average is $239.46 and its two-hundred day simple moving average is $233.09. iShares U.S. Aerospace & Defense ETF has a 12-month low of $191.82 and a 12-month high of $256.60. The firm has a market capitalization of $11.07 billion, a P/E ratio of 34.35 and a beta of 0.87.

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.