Concourse Financial Group Securities Inc. Raises Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,290 shares of the company’s stock after buying an additional 463 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,621,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Assets Advisory LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter worth about $111,303,000. Wells Fargo & Company MN boosted its position in iShares U.S. Aerospace & Defense ETF by 18.0% in the 4th quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock worth $90,801,000 after purchasing an additional 109,357 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $66,271,000. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 63.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after purchasing an additional 184,937 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 5.7% during the 3rd quarter. Royal Bank of Canada now owns 457,574 shares of the company’s stock valued at $48,489,000 after purchasing an additional 24,877 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA traded down $0.75 during mid-day trading on Friday, reaching $132.40. 193,114 shares of the stock were exchanged. The company has a market capitalization of $6.22 billion, a P/E ratio of 29.96 and a beta of 0.60. The business’s 50 day moving average is $134.08 and its 200-day moving average is $129.02. 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).