B. Riley Wealth Advisors Inc. Purchases New Holdings in iShares U.S. Aerospace & Defense ETF $ITA

B. Riley Wealth Advisors Inc. bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,975 shares of the company’s stock, valued at approximately $939,000.

Other large investors have also added to or reduced their stakes in the company. Gerber Kawasaki Wealth & Investment Management increased its position in iShares U.S. Aerospace & Defense ETF by 0.3% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock worth $3,188,000 after buying an additional 51 shares during the period. GPS Wealth Strategies Group LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 4.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,222 shares of the company’s stock valued at $231,000 after acquiring an additional 55 shares in the last quarter. RPg Family Wealth Advisory LLC increased its position in iShares U.S. Aerospace & Defense ETF by 0.4% during the second quarter. RPg Family Wealth Advisory LLC now owns 13,729 shares of the company’s stock worth $2,590,000 after acquiring an additional 57 shares during the period. Valley National Advisers Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 41.0% in the 2nd quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock worth $38,000 after purchasing an additional 59 shares in the last quarter. Finally, Charter Oak Capital Management LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 1.3% in the 2nd quarter. Charter Oak Capital Management LLC now owns 4,525 shares of the company’s stock worth $854,000 after purchasing an additional 60 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 41.7%

Shares of BATS:ITA opened at $209.77 on Tuesday. The firm has a 50 day moving average of $208.01 and a 200-day moving average of $198.69. The stock has a market capitalization of $9.23 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 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).