Synergy Investment Management LLC Invests $270,000 in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Synergy Investment Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, Holdings Channel reports. The fund purchased 1,856 shares of the company’s stock, valued at approximately $270,000.

Several other hedge funds have also added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 18.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 34,980 shares of the company’s stock valued at $5,084,000 after purchasing an additional 5,516 shares during the period. Interactive Financial Advisors Inc. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 2.4% in the fourth quarter. Interactive Financial Advisors Inc. now owns 20,664 shares of the company’s stock valued at $3,004,000 after buying an additional 493 shares during the period. Jones Financial Companies Lllp boosted its stake in iShares U.S. Aerospace & Defense ETF by 99.7% in the fourth quarter. Jones Financial Companies Lllp now owns 41,078 shares of the company’s stock valued at $5,971,000 after acquiring an additional 20,503 shares during the last quarter. US Bancorp DE boosted its stake in iShares U.S. Aerospace & Defense ETF by 20.0% in the fourth quarter. US Bancorp DE now owns 11,937 shares of the company’s stock valued at $1,735,000 after acquiring an additional 1,992 shares during the last quarter. Finally, Heritage Oak Wealth Advisors LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $1,601,000.

iShares U.S. Aerospace & Defense ETF Stock Up 3.3 %

ITA stock opened at $152.98 on Tuesday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The company has a market cap of $6.36 billion, a P/E ratio of 29.80 and a beta of 1.02. The business’s fifty day moving average is $151.56 and its 200-day moving average is $149.93.

iShares U.S. Aerospace & Defense ETF 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).