Investment Partners Asset Management Inc. Buys 370 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Investment Partners Asset Management Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 13.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,032 shares of the company’s stock after purchasing an additional 370 shares during the quarter. Investment Partners Asset Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $441,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 200.0% during the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after purchasing an additional 130 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth $30,000. Albion Financial Group UT bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth about $31,000. HHM Wealth Advisors LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 273.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock valued at $33,000 after purchasing an additional 164 shares during the period. Finally, Hager Investment Management Services LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $40,000.

iShares U.S. Aerospace & Defense ETF Stock Up 5.6 %

iShares U.S. Aerospace & Defense ETF stock opened at $156.31 on Thursday. The company has a 50 day moving average of $150.56 and a 200-day moving average of $148.76. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The stock has a market capitalization of $7.35 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).