Hager Investment Management Services LLC Invests $40,000 in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Hager Investment Management Services LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 277 shares of the company’s stock, valued at approximately $40,000.

A number of other hedge funds have also bought and sold shares of ITA. LPL Financial LLC increased its holdings in shares of 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 worth $145,716,000 after purchasing an additional 69,091 shares during the period. Stifel Financial Corp increased its stake in iShares U.S. Aerospace & Defense ETF by 1.2% during the 3rd quarter. Stifel Financial Corp now owns 305,078 shares of the company’s stock worth $45,657,000 after acquiring an additional 3,677 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares U.S. Aerospace & Defense ETF by 8.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock valued at $42,970,000 after acquiring an additional 23,100 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 2.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock valued at $42,773,000 after acquiring an additional 7,522 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 8.8% during the 3rd quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock valued at $40,092,000 after acquiring an additional 21,721 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $157.28 on Thursday. The stock has a market capitalization of $7.39 billion, a P/E ratio of 29.96 and a beta of 0.60. The stock’s fifty day moving average is $150.30 and its 200 day moving average is $148.11. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week 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).