16,083 Shares in iShares U.S. Aerospace & Defense ETF (BATS:ITA) Purchased by Freedom Investment Management Inc.

Freedom Investment Management Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,083 shares of the company’s stock, valued at approximately $2,407,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Dedication LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $25,000. Cultivar Capital Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $27,000. Fairscale Capital LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at $27,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth $28,000. Finally, Fifth Third Bancorp purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth about $29,000.

iShares U.S. Aerospace & Defense ETF Trading Up 1.1 %

BATS:ITA opened at $154.63 on Wednesday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The company has a market capitalization of $7.27 billion, a P/E ratio of 29.96 and a beta of 0.60. The firm has a 50-day moving average price of $150.70 and a two-hundred day moving average price of $142.32.

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).