Lewis Asset Management LLC Boosts Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Lewis Asset Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.5% in the fourth quarter, HoldingsChannel reports. The fund owned 2,892 shares of the company’s stock after acquiring an additional 152 shares during the period. Lewis Asset Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $420,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 66.0% during the second quarter. Renaissance Technologies LLC now owns 17,600 shares of the company’s stock valued at $2,324,000 after acquiring an additional 7,000 shares during the period. Bank of Montreal Can raised its stake in iShares U.S. Aerospace & Defense ETF by 14.6% during the 2nd quarter. Bank of Montreal Can now owns 25,176 shares of the company’s stock valued at $3,387,000 after purchasing an additional 3,205 shares during the period. Cubist Systematic Strategies LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $436,000. Millennium Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $11,693,000. Finally, Creative Planning boosted its stake in iShares U.S. Aerospace & Defense ETF by 36.7% in the 2nd quarter. Creative Planning now owns 32,843 shares of the company’s stock worth $4,337,000 after purchasing an additional 8,811 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $153.99 on Thursday. The company has a market cap of $7.24 billion, a P/E 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. The firm’s fifty day moving average is $150.00 and its two-hundred day moving average is $147.35.

iShares U.S. Aerospace & Defense ETF 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).