MCF Advisors LLC Makes New $1.19 Million Investment in iShares U.S. Aerospace & Defense ETF $ITA
by Michael Walen · The Markets DailyMCF Advisors LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,555 shares of the company’s stock, valued at approximately $1,193,000.
A number of other large investors also recently added to or reduced their stakes in ITA. Physician Wealth Advisors Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 395.8% during 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 shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $28,000. Optima Capital LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $30,000. Finally, Wolff Wiese Magana LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter.
iShares U.S. Aerospace & Defense ETF Stock Performance
Shares of ITA opened at $229.45 on Friday. The stock has a market capitalization of $10.10 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $175.60 and a 1 year high of $250.65. The company’s 50-day simple moving average is $224.52 and its 200-day simple moving average is $224.99.
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.
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