Ackerman Asset Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,579 shares of the company’s stock, valued at approximately $548,000. iShares U.S. Aerospace & Defense ETF makes up about 0.5% of Ackerman Asset Management LLC’s portfolio, making the stock its 13th biggest holding.
Several other institutional investors have also modified their holdings of ITA. Wood Tarver Financial Group LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at about $28,000. Redwood Park Advisors LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at about $42,000. Albion Financial Group UT increased its holdings in iShares U.S. Aerospace & Defense ETF by 39.5% in the first quarter. Albion Financial Group UT now owns 300 shares of the company’s stock valued at $46,000 after buying an additional 85 shares during the last quarter. Bernard Wealth Management Corp. bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at about $47,000. Finally, Hughes Financial Services LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $59,000.
iShares U.S. Aerospace & Defense ETF Stock Up 34.2%
Shares of iShares U.S. Aerospace & Defense ETF stock opened at $198.75 on Thursday. The firm has a market cap of $8.74 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47. The business has a 50-day moving average price of $184.48 and a 200 day moving average price of $164.48.
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).
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