Newbridge Financial Services Group Inc. Invests $81,000 in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 558 shares of the company’s stock, valued at approximately $81,000.

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

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS:ITA opened at $157.07 on Tuesday. The company has a market capitalization of $7.38 billion, a price-to-earnings 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 stock has a 50-day simple moving average of $150.46 and a 200 day simple moving average of $148.59.

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).