Sheets Smith Wealth Management Increases Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Sheets Smith Wealth Management lifted its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,187 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,481,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ITA. Armstrong Advisory Group Inc. lifted 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 during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth approximately $30,000. ORG Partners LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 2,000.0% in the third quarter. ORG Partners LLC now owns 315 shares of the company’s stock worth $47,000 after purchasing an additional 300 shares during the last quarter. Salem Investment Counselors Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 300.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock worth $47,000 after buying an additional 240 shares during the last quarter. Finally, Hollencrest Capital Management raised its position in shares of iShares U.S. Aerospace & Defense ETF by 29.1% in the 3rd quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock valued at $50,000 after purchasing an additional 75 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $156.52 on Wednesday. The stock’s fifty day moving average price is $149.50 and its 200 day moving average price is $146.33. The company has a market cap of $7.36 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56.

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).