Griffin Asset Management Inc. Purchases 318 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Griffin Asset Management Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 17.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,183 shares of the company’s stock after acquiring an additional 318 shares during the period. Griffin Asset Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $317,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Fortitude Advisory Group L.L.C. bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $277,000. Joseph P. Lucia & Associates LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 5.5% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 5,073 shares of the company’s stock valued at $737,000 after buying an additional 265 shares in the last quarter. Aurora Private Wealth Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 82.9% in the 4th quarter. Aurora Private Wealth Inc. now owns 3,078 shares of the company’s stock valued at $447,000 after acquiring an additional 1,395 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth about $231,000. Finally, Cathy Pareto & Associates Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $346,000.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS:ITA opened at $154.87 on Wednesday. The firm has a market capitalization of $7.28 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The business has a 50 day simple moving average of $149.95 and a 200-day simple moving average of $147.30. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year 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).