Granite Islands Private Wealth LLC Invests $1.09 Million in iShares U.S. Aerospace & Defense ETF $ITA

Granite Islands Private Wealth LLC bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,007 shares of the company’s stock, valued at approximately $1,093,000.

Several other large investors have also modified their holdings of ITA. Physician Wealth Advisors Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 395.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after purchasing an additional 95 shares in the last quarter. Aventura Private Wealth LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $28,000. Optima Capital LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $28,000. GHP Investment Advisors Inc. bought a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $30,000. Finally, Wolff Wiese Magana LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF by 302.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the last quarter.

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

Shares of ITA opened at $236.78 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $183.42 and a 52 week high of $250.65. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The stock has a 50 day moving average of $227.61 and a 200-day moving average of $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.