Benjamin Edwards Inc. Raises Position in iShares U.S. Aerospace & Defense ETF $ITA

Core Viewpoint - Institutional investors are significantly increasing their holdings in the iShares U.S. Aerospace & Defense ETF, indicating strong interest and confidence in the aerospace and defense sector [1][2]. Group 1: Institutional Holdings - Benjamin Edwards Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 41.2% in Q3, owning 11,157 shares valued at $2,335,000 after purchasing an additional 3,254 shares [1]. - Ameriprise Financial Inc. raised its position by 7.4% in Q2, now owning 777,666 shares worth $146,726,000 after acquiring 53,710 shares [2]. - BNP Paribas Financial Markets boosted its holdings by 283.3% in Q2, owning 609,728 shares valued at $115,019,000 after acquiring 450,652 shares [2]. - Raymond James Financial Inc. increased its position by 16.2% in Q2, now holding 523,826 shares worth $98,814,000 after acquiring 73,117 shares [2]. - Park Avenue Securities LLC raised its holdings by 2,172.2% in Q3, owning 483,301 shares valued at $101,136,000 after acquiring 462,031 shares [2]. - CWM LLC increased its holdings by 1,470.8% in Q3, now owning 437,468 shares worth $91,545,000 after acquiring 409,618 shares [2]. Group 2: Stock Performance - iShares U.S. Aerospace & Defense ETF stock opened at $232.87, with a market cap of $10.25 billion, a PE ratio of 34.35, and a beta of 0.87 [3]. - The stock has a one-year low of $129.14 and a one-year high of $198.47, with a fifty-day moving average of $210.50 and a 200-day moving average of $203.74 [3]. Group 3: Company Profile - iShares U.S. Aerospace & Defense ETF aims to match the price and yield performance of the Dow Jones U.S. Select Aerospace & Defense Index, which measures the performance of the aerospace and defense sector in the U.S. equity market [4].