Significant Investment Surge in iShares U.S. Aerospace & Defense ETF

Avatar photo

The iShares U.S. Aerospace & Defense ETF (Symbol: ITA) experienced a significant inflow of approximately $1.6 billion, resulting in a 16.7% increase in outstanding units, rising from 46,300,000 to 54,050,000. This change was noted in the week leading up to [Date].

Among ITA’s largest components, Northrop Grumman Corp (Symbol: NOC) decreased by 0.5%, General Dynamics Corp (Symbol: GD) fell by 0.2%, while L3Harris Technologies Inc (Symbol: LHX) saw a slight increase of 0.1%. ITA’s current trading price is $202.56, with a 52-week low of $129.14 and a high of $204.03.

For further analysis, investors may consider ITA’s performance alongside its 200-day moving average as a potential technical indicator.

The free Daily Market Overview 250k traders and investors are reading

Read Now