iShares Defense Industrials Active ETF (NASDAQ:IDEF) Shares Up 2.6% – Here’s What Happened

iShares Defense Industrials Active ETF (NASDAQ:IDEFGet Free Report) shares were up 2.6% during trading on Tuesday . The stock traded as high as $33.70 and last traded at $33.66. Approximately 655,767 shares changed hands during trading, a decline of 51% from the average daily volume of 1,348,226 shares. The stock had previously closed at $32.82.

iShares Defense Industrials Active ETF Stock Performance

The company has a 50 day simple moving average of $33.61 and a 200 day simple moving average of $33.17.

Hedge Funds Weigh In On iShares Defense Industrials Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IDEF. Bank of New York Mellon Corp acquired a new position in iShares Defense Industrials Active ETF during the 1st quarter worth approximately $66,560,000. Beaumont Financial Advisors LLC acquired a new position in iShares Defense Industrials Active ETF during the 1st quarter worth approximately $7,485,000. Fifth Third Wealth Advisors LLC acquired a new position in iShares Defense Industrials Active ETF during the 1st quarter worth approximately $3,359,000. Cornerstone Planning Group LLC acquired a new position in iShares Defense Industrials Active ETF during the 1st quarter worth approximately $1,844,000. Finally, Arkadios Wealth Advisors acquired a new position in iShares Defense Industrials Active ETF during the 1st quarter worth approximately $571,000.

iShares Defense Industrials Active ETF Company Profile

(Get Free Report)

BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.

Recommended Stories

Receive News & Ratings for iShares Defense Industrials Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Defense Industrials Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.