Arrien Investments Inc. Purchases Shares of 46,977 iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Arrien Investments Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 46,977 shares of the company’s stock, valued at approximately $7,386,000. iShares U.S. Aerospace & Defense ETF comprises approximately 5.3% of Arrien Investments Inc.’s investment portfolio, making the stock its 6th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in iShares U.S. Aerospace & Defense ETF by 8.7% during the third quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after purchasing an additional 23,100 shares during the last quarter. Assetmark Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 17.6% in the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock valued at $88,000 after acquiring an additional 91 shares during the last quarter. Tandem Financial LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $2,169,000. Franklin Resources Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 34.8% in the third quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock valued at $76,000 after purchasing an additional 127 shares during the period. Finally, FMR LLC grew its position in iShares U.S. Aerospace & Defense ETF by 23.2% in the third quarter. FMR LLC now owns 13,276 shares of the company’s stock valued at $1,987,000 after acquiring an additional 2,501 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 2.3 %

ITA stock opened at $151.45 on Monday. The stock’s 50 day moving average is $152.25 and its two-hundred day moving average is $150.34. The company has a market capitalization of $6.22 billion, a PE ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 52-week low of $126.52 and a 52-week high of $159.58.

iShares U.S. Aerospace & Defense ETF 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).