Narwhal Capital Management Has $298,000 Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Narwhal Capital Management increased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 15.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,260 shares of the company’s stock after purchasing an additional 300 shares during the quarter. Narwhal Capital Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Octavia Wealth Advisors LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 2.7% in the second quarter. Octavia Wealth Advisors LLC now owns 2,770 shares of the company’s stock valued at $366,000 after purchasing an additional 73 shares during the last quarter. Means Investment CO. Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 2.7% in the 2nd quarter. Means Investment CO. Inc. now owns 2,852 shares of the company’s stock valued at $377,000 after acquiring an additional 75 shares during the last quarter. Essex Financial Services Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 1.1% in the 2nd quarter. Essex Financial Services Inc. now owns 6,880 shares of the company’s stock valued at $909,000 after acquiring an additional 77 shares during the period. Capital Investment Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 4.6% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,785 shares of the company’s stock worth $236,000 after acquiring an additional 78 shares during the last quarter. Finally, Cypress Asset Management Inc. TX grew its holdings in iShares U.S. Aerospace & Defense ETF by 0.9% during the first quarter. Cypress Asset Management Inc. TX now owns 8,428 shares of the company’s stock valued at $1,125,000 after purchasing an additional 79 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $139.94 on Friday. The company has a 50 day moving average price of $139.26 and a two-hundred day moving average price of $134.09. The company has a market capitalization of $6.58 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56.

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).