IPG Investment Advisors LLC Boosts Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

IPG Investment Advisors LLC raised its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,494 shares of the company’s stock after purchasing an additional 84 shares during the quarter. IPG Investment Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $217,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ITA. Level Four Advisory Services LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 13.5% in the fourth quarter. Level Four Advisory Services LLC now owns 2,716 shares of the company’s stock valued at $395,000 after buying an additional 322 shares during the period. Orion Portfolio Solutions LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 26.3% in the fourth quarter. Orion Portfolio Solutions LLC now owns 3,832 shares of the company’s stock worth $557,000 after acquiring an additional 797 shares in the last quarter. Tepp RIA LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $465,000. Blair William & Co. IL lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 17.0% during the 4th quarter. Blair William & Co. IL now owns 19,130 shares of the company’s stock valued at $2,781,000 after acquiring an additional 2,776 shares in the last quarter. Finally, AssuredPartners Investment Advisors LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $933,000.

iShares U.S. Aerospace & Defense ETF Trading Up 3.4 %

Shares of BATS ITA opened at $153.18 on Monday. The stock has a fifty day moving average price of $154.00 and a 200 day moving average price of $151.18. The company has a market cap of $6.29 billion, a P/E ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 12-month low of $126.65 and a 12-month high of $160.18.

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).