Avondale Wealth Management Purchases 3,175 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Avondale Wealth Management lifted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 81.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,050 shares of the company’s stock after acquiring an additional 3,175 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up about 0.7% of Avondale Wealth Management’s investment portfolio, making the stock its 23rd largest position. Avondale Wealth Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,025,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. SeaCrest Wealth Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.0% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 7,021 shares of the company’s stock valued at $1,051,000 after purchasing an additional 70 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 0.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 26,437 shares of the company’s stock valued at $3,956,000 after buying an additional 73 shares during the period. Ellis Investment Partners LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 1.5% during the third quarter. Ellis Investment Partners LLC now owns 5,051 shares of the company’s stock worth $756,000 after buying an additional 74 shares during the last quarter. Hollencrest Capital Management grew its position in shares of iShares U.S. Aerospace & Defense ETF by 29.1% during the 3rd quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock worth $50,000 after buying an additional 75 shares during the period. Finally, JDM Financial Group LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 5.7% in the 3rd quarter. JDM Financial Group LLC now owns 1,433 shares of the company’s stock valued at $214,000 after acquiring an additional 77 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 0.8 %

iShares U.S. Aerospace & Defense ETF stock traded up $1.16 during mid-day trading on Friday, hitting $146.00. 598,826 shares of the company’s stock were exchanged. The company’s 50 day simple moving average is $149.72 and its 200-day simple moving average is $145.37. The firm has a market capitalization of $6.86 billion, a P/E ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $145.00 and a fifty-two week high of $206.56.

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).