Banque Pictet & Cie SA Increases Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Banque Pictet & Cie SA lifted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,850 shares of the company’s stock after acquiring an additional 590 shares during the period. Banque Pictet & Cie SA owned 0.06% of iShares U.S. Aerospace & Defense ETF worth $3,810,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Lindbrook Capital LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 100.0% in the 4th quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. Cultivar Capital Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the second quarter worth $27,000. Opal Wealth Advisors LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $28,000. Fifth Third Bancorp purchased a new position in iShares U.S. Aerospace & Defense ETF during the second quarter valued at $29,000. Finally, Tortoise Investment Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at $30,000.

iShares U.S. Aerospace & Defense ETF Stock Up 0.6 %

Shares of ITA stock opened at $144.81 on Friday. The company’s fifty day simple moving average is $137.00 and its two-hundred day simple moving average is $132.80. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The stock has a market cap of $6.81 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).