iShares U.S. Aerospace & Defense ETF (BATS:ITA) Reaches New 52-Week Low at $115.91

iShares U.S. Aerospace & Defense ETF (BATS:ITA)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $115.91 and last traded at $117.04, with a volume of 410710 shares changing hands. The stock had previously closed at $115.75.

iShares U.S. Aerospace & Defense ETF Stock Performance

The business’s 50 day moving average is $109.35 and its 200-day moving average is $112.74. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 24.00 and a beta of 1.02.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Creative Planning grew its stake in iShares U.S. Aerospace & Defense ETF by 5.7% in the 3rd quarter. Creative Planning now owns 22,446 shares of the company’s stock valued at $2,379,000 after buying an additional 1,201 shares during the last quarter. GTS Securities LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $284,000. Obsidian Personal Planning Solutions LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $205,000. Belpointe Asset Management LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 3.6% in the 3rd quarter. Belpointe Asset Management LLC now owns 3,824 shares of the company’s stock valued at $405,000 after purchasing an additional 132 shares during the period. Finally, Essex Financial Services Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 5.6% in the 3rd quarter. Essex Financial Services Inc. now owns 7,637 shares of the company’s stock valued at $809,000 after purchasing an additional 404 shares during the period.

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).