Allen Capital Group LLC Increases Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Allen Capital Group LLC raised its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.5% during the third quarter, HoldingsChannel.com reports. The fund owned 5,703 shares of the company’s stock after purchasing an additional 348 shares during the quarter. Allen Capital Group LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $853,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Concorde Asset Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth approximately $253,000. Darden Wealth Group Inc purchased a new position in iShares U.S. Aerospace & Defense ETF during the third quarter valued at $211,000. LPL Financial LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF by 7.6% during the third quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock valued at $145,716,000 after purchasing an additional 69,091 shares in the last quarter. Moors & Cabot Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 4.6% in the third quarter. Moors & Cabot Inc. now owns 4,010 shares of the company’s stock worth $600,000 after buying an additional 176 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $30,000.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA opened at $152.96 on Friday. The firm has a 50-day simple moving average of $150.20 and a two-hundred day simple moving average of $141.86. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56. The stock has a market cap of $7.19 billion, a PE ratio of 29.96 and a beta of 0.60.

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).