Bank of New York Mellon Corp Raises Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bank of New York Mellon Corp raised its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.6% in the fourth quarter, Holdings Channel reports. The fund owned 5,727 shares of the company’s stock after buying an additional 201 shares during the period. Bank of New York Mellon Corp’s holdings in iShares U.S. Aerospace & Defense ETF were worth $832,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ITA. JPMorgan Chase & Co. grew its stake in iShares U.S. Aerospace & Defense ETF by 8.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after buying an additional 23,100 shares during the last quarter. Tandem Financial LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $2,169,000. Franklin Resources Inc. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 34.8% in the 3rd quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock valued at $76,000 after purchasing an additional 127 shares in the last quarter. FMR LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 23.2% during the third quarter. FMR LLC now owns 13,276 shares of the company’s stock worth $1,987,000 after purchasing an additional 2,501 shares during the last quarter. Finally, Confluence Investment Management LLC increased its position in iShares U.S. Aerospace & Defense ETF by 1.8% during the fourth quarter. Confluence Investment Management LLC now owns 41,178 shares of the company’s stock worth $5,985,000 after purchasing an additional 718 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $159.47 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $126.65 and a 1-year high of $159.74. The firm has a market capitalization of $6.55 billion, a P/E ratio of 30.31 and a beta of 1.00. The business’s 50-day simple moving average is $153.67 and its 200-day simple moving average is $150.90.

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).