iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Bought by Somerset Group LLC

Somerset Group LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 7,581 shares of the company’s stock after purchasing an additional 436 shares during the quarter. Somerset Group LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,001,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James & Associates increased its position in shares of iShares U.S. Aerospace & Defense ETF by 12.4% in the second quarter. Raymond James & Associates now owns 246,200 shares of the company’s stock worth $32,511,000 after acquiring an additional 27,071 shares in the last quarter. Miracle Mile Advisors LLC grew its position in iShares U.S. Aerospace & Defense ETF by 9.1% during the 2nd quarter. Miracle Mile Advisors LLC now owns 2,394 shares of the company’s stock worth $316,000 after purchasing an additional 200 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 41.3% in the fourth quarter. Stephens Inc. AR now owns 11,264 shares of the company’s stock valued at $1,426,000 after purchasing an additional 3,293 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after buying an additional 184,937 shares during the period. Finally, Opal Wealth Advisors LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at $28,000.

iShares U.S. Aerospace & Defense ETF Trading Up 0.1 %

Shares of BATS ITA opened at $145.86 on Thursday. The firm has a market capitalization of $6.86 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The business has a 50-day moving average price of $141.10 and a two-hundred day moving average price of $135.13.

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).