Northwestern Mutual Wealth Management Co. Purchases 84,677 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Northwestern Mutual Wealth Management Co. raised its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 15.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 616,653 shares of the company’s stock after buying an additional 84,677 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $149,489,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of ITA. Venturi Wealth Management LLC raised its position 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 valued at $717,000 after purchasing an additional 44 shares during the last quarter. JM2 Capital Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.5% in the second quarter. JM2 Capital Inc. now owns 2,912 shares of the company’s stock valued at $706,000 after buying an additional 44 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2.4% in the fourth quarter. Thoroughbred Financial Services LLC now owns 2,114 shares of the company’s stock valued at $453,000 after buying an additional 49 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in iShares U.S. Aerospace & Defense ETF by 5.4% during the 1st quarter. Citizens Financial Group Inc. RI now owns 1,004 shares of the company’s stock worth $220,000 after buying an additional 51 shares in the last quarter. Finally, Edgestream Partners L.P. lifted its position in iShares U.S. Aerospace & Defense ETF by 4.3% during the 1st 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 Stock Down 1.9%

Shares of BATS:ITA opened at $228.35 on Tuesday. The firm has a market cap of $10.05 billion, a P/E ratio of 34.35 and a beta of 0.87. The company’s 50-day moving average price is $241.07 and its two-hundred day moving average price is $233.81. iShares U.S. Aerospace & Defense ETF has a 12 month low of $194.59 and a 12 month high of $256.60.

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.