Independent Advisor Alliance Invests $1.29 Million in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Independent Advisor Alliance acquired a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,890 shares of the company’s stock, valued at approximately $1,292,000.

Other institutional investors have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 200.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after purchasing an additional 130 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the third quarter worth approximately $30,000. Albion Financial Group UT acquired a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth approximately $31,000. HHM Wealth Advisors LLC raised its position in iShares U.S. Aerospace & Defense ETF by 273.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock valued at $33,000 after acquiring an additional 164 shares in the last quarter. Finally, Marshall Investment Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $35,000.

iShares U.S. Aerospace & Defense ETF Stock Up 2.3 %

ITA stock opened at $151.45 on Friday. The firm has a 50 day moving average of $152.12 and a two-hundred day moving average of $150.22. iShares U.S. Aerospace & Defense ETF has a 12 month low of $126.18 and a 12 month high of $159.58. The company has a market capitalization of $6.30 billion, a price-to-earnings ratio of 29.80 and a beta of 1.02.

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).