Concorde Asset Management LLC Purchases Shares of 1,688 iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Concorde Asset Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 1,688 shares of the company’s stock, valued at approximately $253,000.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock valued at $145,716,000 after acquiring an additional 69,091 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock worth $42,773,000 after buying an additional 7,522 shares during the last quarter. Raymond James & Associates increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.8% during the 3rd quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock worth $40,092,000 after buying an additional 21,721 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.5% during the 2nd quarter. Cetera Investment Advisers now owns 221,043 shares of the company’s stock worth $29,189,000 after buying an additional 15,396 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 19.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 193,869 shares of the company’s stock worth $25,600,000 after buying an additional 31,969 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 0.9 %

ITA stock opened at $152.96 on Friday. The company has a market cap of $7.19 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The business has a fifty day simple moving average of $150.20 and a 200-day simple moving average of $141.86. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56.

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).