Patten & Patten Inc. TN Grows Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Patten & Patten Inc. TN raised its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,397 shares of the company’s stock after acquiring an additional 200 shares during the period. Patten & Patten Inc. TN’s holdings in iShares U.S. Aerospace & Defense ETF were worth $784,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JDM Financial Group LLC increased its stake in 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 worth $214,000 after purchasing an additional 77 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.4% during the fourth quarter. Capital Investment Advisory Services LLC now owns 2,668 shares of the company’s stock valued at $388,000 after buying an additional 88 shares during the period. Assetmark Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 17.6% during the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock valued at $88,000 after buying an additional 91 shares during the period. Financial Partners Group Inc increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.5% during the fourth quarter. Financial Partners Group Inc now owns 23,123 shares of the company’s stock valued at $3,361,000 after buying an additional 109 shares during the period. Finally, Hudock Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.3% during the fourth quarter. Hudock Inc. now owns 3,610 shares of the company’s stock valued at $525,000 after buying an additional 116 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA opened at $151.45 on Monday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $126.52 and a 52-week high of $159.58. The stock has a market capitalization of $6.22 billion, a PE ratio of 30.31 and a beta of 1.00. The stock’s 50 day moving average price is $152.25 and its 200-day moving average price is $150.34.

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).