Summary
ITA Chart
ITA: Fly At Your Own Risk (Rating Downgrade)
Downgrading ITA from buy to hold due to stretched valuation at 34x earnings, far above historical and sector averages. ITA's top-heavy portfolio suits my preference for concentrated exposure, but may not appeal to those seeking broad diversification. The aerospace and defense sector remains highly cyclical and current momentum could reverse, increasing downside risk at these levels.
3 Factors That Could Boost Wall Street ETFs Despite Tariff Uncertainty
Retail investors, tech resilience, and upbeat Q1 earnings drive Wall Street gains. ETF plays like ITA, XNTK, and VYM offer hope amid tariff uncertainty.
Aerospace and Defence ETFs to Soar Amid Saudi Boost
Look at Aerospace and Defence ETFs as the U.S. and Saudi Arabia enter into a $142 billion defense sales deal, the largest defense sales agreement in U.S. history.
iShares U.S. Aerospace & Defense ETF Dividends
 ITA In 1 weeks Estimated | Quarterly | $0.25 Per Share |
| ITA 2 months ago Paid | Quarterly | $0.25 Per Share |
| ITA 5 months ago Paid | Quarterly | $0.44 Per Share |
| ITA 8 months ago Paid | Quarterly | $0.23 Per Share |
| ITA 11 months ago Paid | Quarterly | $0.3 Per Share |
| ITA 21 Mar 2024 Paid | Quarterly | $0.27 Per Share |
iShares U.S. Aerospace & Defense ETF Earnings
| ITA In 1 weeks Estimated | Quarterly | $0.25 Per Share |
| ITA 2 months ago Paid | Quarterly | $0.25 Per Share |
| ITA 5 months ago Paid | Quarterly | $0.44 Per Share |
| ITA 8 months ago Paid | Quarterly | $0.23 Per Share |
| ITA 11 months ago Paid | Quarterly | $0.3 Per Share |
| ITA 21 Mar 2024 Paid | Quarterly | $0.27 Per Share |
iShares U.S. Aerospace & Defense ETF (ITA) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares U.S. Aerospace & Defense ETF ever had a stock split?
iShares U.S. Aerospace & Defense ETF Profile
| BATS 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.
Contact Information
