Kraft Davis & Associates LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 56,251 shares of the company’s stock, valued at approximately $6,849,000. iShares U.S. Aerospace & Defense ETF makes up 2.1% of Kraft Davis & Associates LLC’s holdings, making the stock its 21st largest position.
Several other hedge funds and other institutional investors also recently modified their holdings of ITA. Picton Mahoney Asset Management grew its holdings in iShares U.S. Aerospace & Defense ETF by 100.0% in the third quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock worth $159,000 after purchasing an additional 4,361,000 shares during the period. International Assets Investment Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth about $66,271,000. UBS Group AG grew its holdings in iShares U.S. Aerospace & Defense ETF by 69.5% in the first quarter. UBS Group AG now owns 473,463 shares of the company’s stock worth $52,455,000 after purchasing an additional 194,195 shares during the period. Modera Wealth Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the third quarter worth about $18,870,000. Finally, Imprint Wealth LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter worth about $17,594,000.
iShares U.S. Aerospace & Defense ETF Trading Up 0.4 %
ITA traded up $0.57 during midday trading on Friday, reaching $128.03. The company’s stock had a trading volume of 378,402 shares. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 29.25 and a beta of 0.63. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56. The stock’s 50-day moving average is $128.23 and its 200-day moving average is $121.60.
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).
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Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report).
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