iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Purchased by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 9.9% in the fourth quarter, Holdings Channel reports. The fund owned 20,497 shares of the company’s stock after purchasing an additional 1,841 shares during the period. iShares U.S. Aerospace & Defense ETF accounts for about 2.1% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 13th biggest position. Cottonwood Capital Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,979,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.7% during the third quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after purchasing an additional 23,100 shares during the period. Franklin Resources Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 34.8% during the 3rd quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock worth $76,000 after buying an additional 127 shares during the last quarter. FMR LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 23.2% in the 3rd quarter. FMR LLC now owns 13,276 shares of the company’s stock worth $1,987,000 after acquiring an additional 2,501 shares during the period. Daymark Wealth Partners LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $206,000. Finally, Lion Street Advisors LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.4% during the third quarter. Lion Street Advisors LLC now owns 2,947 shares of the company’s stock worth $441,000 after acquiring an additional 302 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 5.8 %

Shares of BATS:ITA opened at $156.66 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The company has a 50-day moving average price of $149.78 and a 200 day moving average price of $146.81. The company has a market cap of $7.36 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).