iShares U.S. Aerospace & Defense ETF (BATS:ITA) Hits New 52-Week Low at $144.03

iShares U.S. Aerospace & Defense ETF (BATS:ITA) reached a new 52-week low on Monday . The company traded as low as $144.03 and last traded at $144.36, with a volume of 492072 shares. The stock had previously closed at $144.81.

iShares U.S. Aerospace & Defense ETF Stock Performance

The business’s 50 day moving average price is $137.00 and its 200-day moving average price is $132.85. The firm has a market capitalization of $6.78 billion, a PE ratio of 29.96 and a beta of 0.60.

Institutional Trading of iShares U.S. Aerospace & Defense ETF

Hedge funds have recently made changes to their positions in the business. Global Assets Advisory LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at $111,303,000. BNP Paribas Financial Markets grew its position in shares of iShares U.S. Aerospace & Defense ETF by 511.0% during the fourth quarter. BNP Paribas Financial Markets now owns 299,903 shares of the company’s stock worth $37,968,000 after buying an additional 250,820 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 63.1% during 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 in the last quarter. Cetera Investment Advisers increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 223.8% during the first quarter. Cetera Investment Advisers now owns 205,647 shares of the company’s stock worth $27,131,000 after buying an additional 142,141 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in iShares U.S. Aerospace & Defense ETF by 18.0% in the fourth quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock valued at $90,801,000 after acquiring an additional 109,357 shares in the last quarter.

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).