Cathy Pareto & Associates Inc. Invests $346,000 in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cathy Pareto & Associates Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the fourth quarter, HoldingsChannel reports. The fund bought 2,380 shares of the company’s stock, valued at approximately $346,000.

Other hedge funds also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.0% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 7,021 shares of the company’s stock valued at $1,051,000 after purchasing an additional 70 shares during the period. Prime Capital Investment Advisors LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 0.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 26,437 shares of the company’s stock worth $3,956,000 after acquiring an additional 73 shares during the period. Ellis Investment Partners LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.5% during the 3rd quarter. Ellis Investment Partners LLC now owns 5,051 shares of the company’s stock worth $756,000 after acquiring an additional 74 shares in the last quarter. Hollencrest Capital Management grew its position in shares of iShares U.S. Aerospace & Defense ETF by 29.1% during the 3rd quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock valued at $50,000 after acquiring an additional 75 shares during the period. Finally, JDM Financial Group LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 5.7% in the 3rd quarter. JDM Financial Group LLC now owns 1,433 shares of the company’s stock valued at $214,000 after purchasing an additional 77 shares in the last quarter.

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

Shares of ITA stock opened at $156.66 on Monday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The business’s 50 day moving average is $149.78 and its two-hundred day moving average is $147.00. The company has a market capitalization 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).