Copperleaf Capital LLC Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Copperleaf Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 2,168 shares of the company’s stock, valued at approximately $454,000.

Several other large investors have also modified their holdings of ITA. Ameriprise Financial Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 7.4% during the second quarter. Ameriprise Financial Inc. now owns 777,666 shares of the company’s stock worth $146,726,000 after purchasing an additional 53,710 shares during the period. BNP Paribas Financial Markets increased its stake in iShares U.S. Aerospace & Defense ETF by 283.3% in 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 in the last quarter. Raymond James Financial Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 16.2% in the 2nd quarter. Raymond James Financial Inc. now owns 523,826 shares of the company’s stock worth $98,814,000 after purchasing an additional 73,117 shares in the last quarter. Park Avenue Securities LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 2,172.2% during the 3rd quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock worth $101,136,000 after buying an additional 462,031 shares during the period. Finally, CWM LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 1,470.8% during the 3rd quarter. CWM LLC now owns 437,468 shares of the company’s stock worth $91,545,000 after buying an additional 409,618 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA opened at $241.23 on Friday. iShares U.S. Aerospace & Defense ETF has a one year low of $129.14 and a one year high of $198.47. The company has a 50-day moving average of $212.72 and a two-hundred day moving average of $205.11. The stock has a market cap of $10.61 billion, a price-to-earnings 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.