Belpointe Asset Management LLC Raises Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Belpointe Asset Management LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 7.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,938 shares of the company’s stock after purchasing an additional 552 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,372,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF by 6.6% during the third quarter. LPL Financial LLC now owns 433,499 shares of the company’s stock valued at $93,822,000 after purchasing an additional 26,822 shares in the last quarter. Assetmark Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 212,397.8% during the third quarter. Assetmark Inc. now owns 393,121 shares of the company’s stock valued at $85,083,000 after buying an additional 392,936 shares during the last quarter. Psagot Investment House Ltd. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 5.0% during the fourth quarter. Psagot Investment House Ltd. now owns 148,658 shares of the company’s stock valued at $25,697,000 after buying an additional 7,101 shares during the last quarter. Bank of Montreal Can raised its position in shares of iShares U.S. Aerospace & Defense ETF by 8.6% during the fourth quarter. Bank of Montreal Can now owns 144,132 shares of the company’s stock valued at $24,915,000 after buying an additional 11,464 shares during the last quarter. Finally, SPC Financial Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 1.1% during the fourth quarter. SPC Financial Inc. now owns 74,756 shares of the company’s stock valued at $12,922,000 after buying an additional 785 shares during the last quarter.

ITA traded up $1.71 during trading hours on Friday, hitting $205.66. The company’s stock had a trading volume of 73,404 shares. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were given a $0.5844 dividend. This represents a $2.34 annualized dividend and a yield of 1.14%. The ex-dividend date was Wednesday, March 20th. This is a boost from iShares U.S. Aerospace & Defense ETF’s previous quarterly dividend of $0.23.

WARNING: This story was first reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this story on another domain, it was stolen and reposted in violation of United States & international copyright law. The original version of this story can be accessed at https://www.baseballdailydigest.com/news/2019/04/21/belpointe-asset-management-llc-has-1-37-million-stake-in-ishares-u-s-aerospace-defense-etf-ita.html.

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).

Recommended Story: Return on Investment (ROI) Defined, Explained

Institutional Ownership by Quarter for iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Receive News & Ratings for iShares U.S. Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.