iShares U.S. Aerospace & Defense ETF (ITA)
XMEX 
Summary
ITA Chart
A $5B Tailwind: How Ukraine's Allies Are Poised to Boost Defense ETFs
NATO members' expected $5B weapon purchases by 2025-end should fuel momentum in defense ETFs like SHLD and ITA.
US Approves $93M Weapon Sale to India: A Boost for Defense ETFs
A $93 million US weapon sale to India puts the spotlight on defense stocks like LMT and, by extension, fuels momentum for defense ETFs like SHLD.
Should You Invest in the iShares U.S. Aerospace & Defense ETF (ITA)?
Launched on May 1, 2006, the iShares U.S. Aerospace & Defense ETF (ITA) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Aerospace & Defense segment of the equity market.
iShares U.S. Aerospace & Defense ETF (ITA) FAQ
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Has iShares U.S. Aerospace & Defense ETF ever had a stock split?
iShares U.S. Aerospace & Defense ETF Profile
| XMEX Exchange | US Country |
Overview
The company operates within the aerospace and defense sector of the U.S. equity market, focusing on tracking the performance of this particular industry as defined by Standard & Poor's Dow Jones Indices (SPDJI). It commits to investing a significant portion of its assets, at least 80%, in securities that comprise its index or those with economic characteristics that closely resemble the components of its index. This investment strategy is aimed at mirroring the performance of the aerospace and defense sector, providing investors with a focused exposure to this industry.
Products and Services
- Component Securities Investment
- Economic Characteristics Mimicking
- Derivatives and Other Financial Instruments
- Cash and Cash Equivalents
The fund invests primarily in the component securities of its aerospace and defense index. These investments are intended to replicate the index's performance, providing investors with a way to gain exposure to the aerospace and defense sector through purchasing a single financial product.
Beyond direct investments in component securities, the fund also allocates assets to investments that exhibit economic characteristics substantially identical to those of the index's components. This strategy enhances the alignment with the index's performance, ensuring that the fund's portfolio closely mirrors the sector it aims to represent.
Up to 20% of the fund's assets may be invested in various futures, options, and swap contracts. These derivatives and financial instruments are utilized to achieve the investment objectives, manage risk, or gain exposure to the aerospace and defense sector without directly purchasing underlying securities.
The fund has the flexibility to hold a portion of its assets in cash and cash equivalents. This not only provides liquidity but also offers the flexibility to take advantage of short-term opportunities or to manage the fund’s cash flow needs efficiently.
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