Founders Financial Securities LLC Has $12.34 Million Stake in iShares U.S. Aerospace & Defense ETF $ITA

Founders Financial Securities LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 57,490 shares of the company’s stock after acquiring an additional 5,862 shares during the period. Founders Financial Securities LLC owned 0.13% of iShares U.S. Aerospace & Defense ETF worth $12,343,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Physician Wealth Advisors Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after buying an additional 95 shares during the last quarter. Aventura Private Wealth LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $28,000. Optima Capital LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $28,000. GHP Investment Advisors Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $30,000. Finally, Wolff Wiese Magana LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 302.6% in the 4th quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 0.1%

ITA opened at $235.44 on Friday. The firm has a market capitalization of $10.36 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock’s 50 day moving average price is $224.07 and its two-hundred day moving average price is $224.28. iShares U.S. Aerospace & Defense ETF has a 12-month low of $174.74 and a 12-month high of $250.65.

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.