Garnet Equity Capital Holdings Inc. Purchases 7,000 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Garnet Equity Capital Holdings Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 30.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,000 shares of the company’s stock after acquiring an additional 7,000 shares during the period. iShares U.S. Aerospace & Defense ETF comprises about 1.2% of Garnet Equity Capital Holdings Inc.’s portfolio, making the stock its 12th largest position. Garnet Equity Capital Holdings Inc. owned approximately 0.06% of iShares U.S. Aerospace & Defense ETF worth $3,798,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $66,271,000. Royal Bank of Canada lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 5.7% during the third quarter. Royal Bank of Canada now owns 457,574 shares of the company’s stock valued at $48,489,000 after buying an additional 24,877 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 25.9% in the 3rd quarter. Stifel Financial Corp now owns 265,991 shares of the company’s stock valued at $28,189,000 after buying an additional 54,676 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 3.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 264,116 shares of the company’s stock worth $33,437,000 after buying an additional 8,322 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of iShares U.S. Aerospace & Defense ETF by 14.5% in the 4th quarter. Raymond James & Associates now owns 187,304 shares of the company’s stock worth $23,713,000 after buying an additional 23,775 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS:ITA traded up $1.99 during midday trading on Thursday, reaching $132.10. 326,852 shares of the stock traded hands. The business has a 50-day moving average of $128.90 and a two-hundred day moving average of $122.98. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The stock has a market capitalization of $6.21 billion, a PE ratio of 29.96 and a beta of 0.60.

iShares U.S. Aerospace & Defense ETF Company 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).