Cornerstone Wealth Management LLC Grows Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cornerstone Wealth Management LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 15.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,729 shares of the company’s stock after purchasing an additional 1,008 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,123,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Armstrong Advisory Group Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 200.0% during the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock valued at $28,000 after acquiring an additional 130 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter valued at approximately $30,000. Albion Financial Group UT bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $31,000. ORG Partners LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 2,000.0% during the third quarter. ORG Partners LLC now owns 315 shares of the company’s stock valued at $47,000 after acquiring an additional 300 shares in the last quarter. Finally, Salem Investment Counselors Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 300.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock valued at $47,000 after acquiring an additional 240 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 5.8 %

Shares of ITA opened at $156.66 on Friday. The company has a market capitalization of $7.36 billion, a P/E ratio of 29.96 and a beta of 0.60. The firm has a 50 day moving average of $149.78 and a 200 day moving average of $146.81. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56.

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).