Virtue Capital Management LLC Has $9.01 Million Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Virtue Capital Management LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2,985.2% during the third quarter, HoldingsChannel.com reports. The firm owned 43,038 shares of the company’s stock after purchasing an additional 41,643 shares during the period. iShares U.S. Aerospace & Defense ETF accounts for 1.4% of Virtue Capital Management LLC’s portfolio, making the stock its 14th biggest position. Virtue Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $9,006,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 7.4% in the second quarter. Ameriprise Financial Inc. now owns 777,666 shares of the company’s stock valued at $146,726,000 after purchasing an additional 53,710 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the second quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after purchasing an additional 450,652 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 16.2% during the 2nd quarter. Raymond James Financial Inc. now owns 523,826 shares of the company’s stock worth $98,814,000 after buying an additional 73,117 shares during the period. Park Avenue Securities LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 2,172.2% in the 3rd quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock valued at $101,136,000 after buying an additional 462,031 shares during the last quarter. Finally, CWM LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 1,470.8% in the 3rd quarter. CWM LLC now owns 437,468 shares of the company’s stock valued at $91,545,000 after acquiring an additional 409,618 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 58.7%

ITA stock traded up $86.96 during trading hours on Friday, hitting $235.04. 395,504 shares of the stock were exchanged, compared to its average volume of 490,355. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47. The firm has a market capitalization of $10.34 billion, a P/E ratio of 34.35 and a beta of 0.87. The company has a 50-day simple moving average of $216.43 and a two-hundred day simple moving average of $207.31.

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.