Farther Finance Advisors LLC Buys 14,286 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Farther Finance Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 685.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,370 shares of the company’s stock after acquiring an additional 14,286 shares during the period. Farther Finance Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after purchasing an additional 450,652 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $34,118,000. Goldman Sachs Group Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after buying an additional 151,757 shares during the last quarter. Bank of Montreal Can raised its stake in iShares U.S. Aerospace & Defense ETF by 788.3% during the second quarter. Bank of Montreal Can now owns 117,541 shares of the company’s stock worth $22,173,000 after buying an additional 104,309 shares during the last quarter. Finally, Prudential PLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $15,525,000.

iShares U.S. Aerospace & Defense ETF Trading Up 48.8%

Shares of ITA opened at $220.29 on Thursday. The firm’s fifty day simple moving average is $208.44 and its two-hundred day simple moving average is $200.22. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47. The stock has a market capitalization of $9.69 billion, a P/E ratio of 34.35 and a beta of 0.87.

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.