True Vision MN LLC Buys New Stake in iShares U.S. Aerospace & Defense ETF $ITA

True Vision MN LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, HoldingsChannel reports. The institutional investor purchased 8,356 shares of the company’s stock, valued at approximately $1,749,000. iShares U.S. Aerospace & Defense ETF accounts for 0.9% of True Vision MN LLC’s portfolio, making the stock its 27th largest position.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth about $460,000. Goldman Sachs Group Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after buying an additional 151,757 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $39,000. Fiduciary Alliance LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 5.6% during the 2nd quarter. Fiduciary Alliance LLC now owns 1,824 shares of the company’s stock worth $344,000 after acquiring an additional 96 shares in the last quarter. Finally, Sovran Advisors LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 4.9% during the 2nd quarter. Sovran Advisors LLC now owns 5,162 shares of the company’s stock worth $964,000 after acquiring an additional 240 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 61.4%

Shares of BATS:ITA opened at $239.06 on Thursday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47. The company has a 50 day moving average of $212.04 and a two-hundred day moving average of $204.86. The company has a market capitalization of $10.52 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.