Howard Wealth Management LLC Grows Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Howard Wealth Management LLC increased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 20.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,869 shares of the company’s stock after acquiring an additional 1,162 shares during the period. Howard Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $998,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 4.7% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 8,992 shares of the company’s stock valued at $1,307,000 after buying an additional 403 shares during the period. Banque Pictet & Cie SA boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 6.6% during the fourth quarter. Banque Pictet & Cie SA now owns 30,750 shares of the company’s stock valued at $4,468,000 after buying an additional 1,900 shares during the period. Littlejohn Financial Services Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $4,630,000. Guardian Asset Advisors LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 3.3% during the fourth quarter. Guardian Asset Advisors LLC now owns 3,617 shares of the company’s stock valued at $526,000 after buying an additional 117 shares during the period. Finally, Investment Partners Asset Management Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 13.9% during the fourth quarter. Investment Partners Asset Management Inc. now owns 3,032 shares of the company’s stock valued at $441,000 after buying an additional 370 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $153.67 on Friday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56. The business has a 50 day simple moving average of $150.64 and a two-hundred day simple moving average of $148.89. The firm has a market capitalization of $7.22 billion, a PE ratio of 29.96 and a beta of 0.60.

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).