iShares U.S. Aerospace & Defense ETF $ITA Shares Purchased by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC grew its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 24.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,210 shares of the company’s stock after purchasing an additional 20,823 shares during the period. iShares U.S. Aerospace & Defense ETF comprises about 4.3% of MinichMacGregor Wealth Management LLC’s holdings, making the stock its 2nd largest position. MinichMacGregor Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $22,014,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ITA. N.E.W. Advisory Services LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 37.4% in the third quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after buying an additional 46 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in iShares U.S. Aerospace & Defense ETF by 0.3% in the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock worth $3,188,000 after acquiring an additional 51 shares in the last quarter. Lee Johnson Capital Management LLC grew its position in iShares U.S. Aerospace & Defense ETF by 0.6% in the third quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock worth $1,899,000 after acquiring an additional 52 shares in the last quarter. Allen Capital Group LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.9% during the 3rd quarter. Allen Capital Group LLC now owns 5,753 shares of the company’s stock worth $1,204,000 after purchasing an additional 53 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 4.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,222 shares of the company’s stock valued at $231,000 after purchasing an additional 55 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 64.8%

ITA stock opened at $244.00 on Friday. The firm has a market cap of $10.74 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The company has a fifty day simple moving average of $213.41 and a 200 day simple moving average of $205.50.

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.