Fifth Third Wealth Advisors LLC Increases Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Fifth Third Wealth Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 126.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,592 shares of the company’s stock after acquiring an additional 2,567 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,004,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $460,000. Goldman Sachs Group Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after purchasing an additional 151,757 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 298.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock worth $118,000 after purchasing an additional 469 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth about $359,000. Finally, Cerity Partners LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 7.3% in the 2nd quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock valued at $4,687,000 after buying an additional 1,688 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.3%

ITA stock opened at $236.78 on Friday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $183.42 and a 12-month high of $250.65. The stock has a market cap of $10.42 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The business’s 50-day moving average is $227.61 and its 200 day moving average is $228.49.

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.