iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,170 shares of the company’s stock after purchasing an additional 175 shares during the period. Farther Finance Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $315,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Armstrong Advisory Group Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 200.0% during the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock valued at $28,000 after acquiring an additional 130 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at about $30,000. Albion Financial Group UT purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $31,000. HHM Wealth Advisors LLC increased its position in iShares U.S. Aerospace & Defense ETF by 273.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock worth $33,000 after purchasing an additional 164 shares in the last quarter. Finally, Marshall Investment Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $35,000.

iShares U.S. Aerospace & Defense ETF Stock Up 3.6 %

Shares of ITA stock opened at $153.47 on Tuesday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $126.52 and a fifty-two week high of $159.58. The firm’s 50 day moving average price is $152.40 and its two-hundred day moving average price is $150.39. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00.

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).