Cypress Wealth Services LLC Invests $1.59 Million in iShares U.S. Aerospace & Defense ETF $ITA

Cypress Wealth Services LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 7,604 shares of the company’s stock, valued at approximately $1,591,000.

A number of other large investors have also added to or reduced their stakes in ITA. CreativeOne Wealth LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 9.2% during the 1st quarter. CreativeOne Wealth LLC now owns 3,397 shares of the company’s stock worth $520,000 after acquiring an additional 286 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.0% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,847 shares of the company’s stock valued at $2,579,000 after acquiring an additional 486 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth $36,000. Calton & Associates Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 18.3% in the first quarter. Calton & Associates Inc. now owns 9,527 shares of the company’s stock worth $1,459,000 after purchasing an additional 1,471 shares during the last quarter. Finally, Perbak Capital Partners LLP bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter worth $2,393,000.

iShares U.S. Aerospace & Defense ETF Trading Up 48.3%

Shares of ITA opened at $219.63 on Wednesday. The stock’s 50-day moving average price is $208.18 and its two-hundred day moving average price is $200.08. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47. The company has a market capitalization of $9.66 billion, a PE ratio of 34.35 and a beta of 0.87.

About iShares U.S. Aerospace & Defense ETF

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.