iShares U.S. Aerospace & Defense ETF (BATS:ITA) Sets New 52-Week Low at $129.76

iShares U.S. Aerospace & Defense ETF (BATS:ITA) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $129.76 and last traded at $131.12, with a volume of 328491 shares traded. The stock had previously closed at $129.53.

iShares U.S. Aerospace & Defense ETF Price Performance

The business’s fifty day moving average is $128.61 and its 200-day moving average is $122.62. The firm has a market cap of $6.08 billion, a PE ratio of 29.25 and a beta of 0.63.

Hedge Funds Weigh In On iShares U.S. Aerospace & Defense ETF

Several large investors have recently modified their holdings of the business. Picton Mahoney Asset Management lifted its position in iShares U.S. Aerospace & Defense ETF by 100.0% during the third quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock valued at $159,000 after purchasing an additional 4,361,000 shares during the last quarter. Global Assets Advisory LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the first quarter valued at approximately $111,303,000. International Assets Investment Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $66,271,000. BNP Paribas Financial Markets lifted its position in iShares U.S. Aerospace & Defense ETF by 511.0% during the fourth quarter. BNP Paribas Financial Markets now owns 299,903 shares of the company’s stock valued at $37,968,000 after purchasing an additional 250,820 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after acquiring an additional 184,937 shares during the last quarter.

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).