Ibex Wealth Advisors Invests $1.09 Million in iShares U.S. Aerospace & Defense ETF $ITA

Ibex Wealth Advisors purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,992 shares of the company’s stock, valued at approximately $1,092,000.

Several other hedge funds also recently added to or reduced their stakes in ITA. LPL Financial LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Morgan Stanley raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 6.1% in the fourth quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after buying an additional 171,385 shares during the period. Wells Fargo & Company MN raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 13.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after buying an additional 148,199 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 49.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock worth $190,950,000 after acquiring an additional 302,774 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 12.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after acquiring an additional 100,299 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 0.0%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $239.62 on Friday. The stock’s fifty day moving average is $231.50 and its two-hundred day moving average is $230.97. iShares U.S. Aerospace & Defense ETF has a 52 week low of $186.60 and a 52 week high of $251.49. The company has a market capitalization of $10.54 billion, a PE ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF 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.