Look at defense ETFs as the Trump administration looks to cut U.S. military spending.
Increased military and commercial spending due to geopolitical tensions and air traffic growth makes the aerospace & defense industry a strong investment opportunity for 2025. iShares U.S. Aerospace & Defense ETF offers robust returns due to its concentrated portfolio of large-caps. ITA's expense ratio, liquidity, dividend growth and price momentum also make it a worth considering investment option.
Germany's Lufthansa will start making money from its investment in ITA Airways from this year, the chief executive of the German carrier, Carsten Spohr, said on Monday.
iShares U.S. Aerospace & Defense ETF ITA is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 32.4% from its 52-week low price of $120.56/share.
Designed to provide broad exposure to the Industrials - Aerospace & Defense segment of the equity market, the iShares U.S. Aerospace & Defense ETF (ITA) is a passively managed exchange traded fund launched on 05/01/2006.
The European Commission said on Friday that it had approved EasyJet, IAG and Air France-KLM as the takers of remedies required for Lufthansa's planned purchase of a minority stake in Italy's ITA Airways.
Italy's Treasury has put on hold the deal between ITA Airways and Lufthansa as Rome claims the German carrier wants to pay less than agreed for a minority stake in the Italian airline, a source familiar with the matter said.
Launched on 05/01/2006, 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.
Total S&P 500 earnings are expected to be up 3.7% from the year-ago period on 5.1% higher revenues. Of the 16 Zacks sectors, nine are expected to post earnings growth.
Aerospace and defense ETFs have surged in the past year — and are up so far this week even as the U.S. stock market has broadly stumbled.
Italy's ITA Airways said on Friday it expects passenger revenue to increase by a quarter in 2024 from last year as it flies with fuller planes, after core profit turned positive in the first half.
Aerospace & Defense exchange-traded funds (ETFs) have hit 52-week highs lately.