Steele Capital Management Inc. Buys 5,010 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Steele Capital Management Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 43.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,477 shares of the company’s stock after buying an additional 5,010 shares during the quarter. Steele Capital Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,448,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ITA. AQR Capital Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the first quarter valued at approximately $460,000. Goldman Sachs Group Inc. boosted its position in shares of 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 worth $65,013,000 after purchasing an additional 151,757 shares in the last quarter. Nova Wealth Management Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 30.5% in the 1st quarter. Nova Wealth Management Inc. now owns 3,899 shares of the company’s stock valued at $597,000 after buying an additional 911 shares during the period. Private Client Services LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 60.5% in the 2nd quarter. Private Client Services LLC now owns 2,805 shares of the company’s stock valued at $529,000 after buying an additional 1,057 shares during the period. Finally, Kera Capital Partners Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 22.0% in the 2nd quarter. Kera Capital Partners Inc. now owns 1,666 shares of the company’s stock valued at $314,000 after buying an additional 300 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 57.3%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $232.87 on Friday. The stock’s fifty day simple moving average is $210.50 and its 200 day simple moving average is $203.59. The company has a market capitalization of $10.25 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47.

iShares U.S. Aerospace & Defense ETF Company 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.