iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Purchased by DORCHESTER WEALTH MANAGEMENT Co

DORCHESTER WEALTH MANAGEMENT Co boosted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.9% during the 4th quarter, HoldingsChannel reports. The fund owned 9,820 shares of the company’s stock after buying an additional 550 shares during the period. DORCHESTER WEALTH MANAGEMENT Co’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,427,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ITA. Benjamin Edwards Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 1,568.6% during the third quarter. Benjamin Edwards Inc. now owns 98,730 shares of the company’s stock valued at $14,775,000 after purchasing an additional 92,813 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 11,712.6% during the third quarter. Aptus Capital Advisors LLC now owns 73,829 shares of the company’s stock valued at $11,048,000 after purchasing an additional 73,204 shares during the last quarter. LPL Financial LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 7.6% during the third quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock valued at $145,716,000 after purchasing an additional 69,091 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 96.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 98,619 shares of the company’s stock valued at $14,757,000 after purchasing an additional 48,545 shares during the last quarter. Finally, Littlejohn Financial Services Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at $4,630,000.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA stock opened at $149.30 on Friday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56. The firm has a fifty day moving average price of $151.05 and a two-hundred day moving average price of $149.45. The firm has a market cap of $7.02 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).