iShares U.S. Aerospace & Defense ETF (BATS:ITA) Sets New 1-Year Low at $127.91

iShares U.S. Aerospace & Defense ETF (BATS:ITAGet Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as $127.91 and last traded at $128.89, with a volume of 597984 shares changing hands. The stock had previously closed at $127.89.

iShares U.S. Aerospace & Defense ETF Price Performance

The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 24.00 and a beta of 1.02. The business has a fifty day moving average of $124.17 and a 200 day moving average of $117.39.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ITA. JPMorgan Chase & Co. lifted its stake in iShares U.S. Aerospace & Defense ETF by 97.7% during the first quarter. JPMorgan Chase & Co. now owns 28,359 shares of the company’s stock worth $3,142,000 after purchasing an additional 14,016 shares in the last quarter. Citigroup Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 122.6% during the first quarter. Citigroup Inc. now owns 325 shares of the company’s stock worth $36,000 after purchasing an additional 179 shares in the last quarter. Bank of Montreal Can lifted its stake in iShares U.S. Aerospace & Defense ETF by 28.0% during the first quarter. Bank of Montreal Can now owns 5,806 shares of the company’s stock worth $652,000 after purchasing an additional 1,271 shares in the last quarter. Cibc World Market Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 113.5% during the first quarter. Cibc World Market Inc. now owns 8,947 shares of the company’s stock worth $991,000 after purchasing an additional 4,756 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in iShares U.S. Aerospace & Defense ETF by 12.0% during the first quarter. Vontobel Holding Ltd. now owns 14,595 shares of the company’s stock worth $1,617,000 after purchasing an additional 1,568 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Company Profile

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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).

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