Cornerstone Wealth Management LLC Increases Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cornerstone Wealth Management LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 6,721 shares of the company’s stock after purchasing an additional 87 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,006,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 3.5% in the second quarter. LPL Financial LLC now owns 904,685 shares of the company’s stock worth $119,464,000 after buying an additional 30,436 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth approximately $111,303,000. Commonwealth Equity Services LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 3.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 278,314 shares of the company’s stock valued at $36,751,000 after purchasing an additional 8,925 shares during the period. Raymond James & Associates grew its position in shares of iShares U.S. Aerospace & Defense ETF by 12.4% during the 2nd quarter. Raymond James & Associates now owns 246,200 shares of the company’s stock valued at $32,511,000 after purchasing an additional 27,071 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.5% in the second quarter. Cetera Investment Advisers now owns 221,043 shares of the company’s stock worth $29,189,000 after purchasing an additional 15,396 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock opened at $154.84 on Friday. The company has a market capitalization of $7.28 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56. The business’s fifty day moving average is $146.77 and its 200 day moving average is $138.25.

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).