Should You Invest in the iShares U.S. Aerospace & Defense ETF (ITA)?
If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the iShares U.S. Aerospace & Defense ETF (ITA), a passively managed exchange traded fund launched on 05/01/2006.
ITA ETF: Not The Best Bet For Diversified Value
Defense budgets are not increasing as much as one would think. ITA Aerospace ETF underperformed compared to other aerospace ETFs and the S&P 500 due to heavy weighting on three underperforming stocks. Despite challenges, there is still value in the aerospace and defense industry, but investors may be better off hand-picking stocks for diversification.
Lufthansa sweetens long-haul concessions to gain EU okay for ITA deal, sources say
Lufthansa boosted concessions to soothe competition concerns over long-haul flights to help it win over EU regulators in its bid for a stake in Italy's ITA Airways, three people with direct knowledge of the matter said on Monday.
Regulators leaning towards clearing Lufthansa deal for ITA, sources say
EU antitrust regulators are leaning towards clearing Lufthansa's bid for a stake in state-owned Italian airline ITA, three people with direct knowledge of the matter said on Thursday.
ITA: Outperforming Industrials, But A Questionable Valuation Amid Solid Technicals
The Industrials sector has underperformed the S&P 500 since April as AI stocks have been cast back into the spotlight. But the Aerospace & Defense industry is holding up well, while the valuation of ITA ETF is lofty, above 22x earnings. Near all-time highs, ITA sports a concentrated allocation and positive long-term price action, but unimpressive seasonality.
Lufthansa unlikely to offer more concessions in ITA bid, sources say
Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stake in state-owned Italian carrier ITA despite their concerns about long-haul flights, three people with direct knowledge of the matter said.
5 Top-Ranked Sector ETFs to Buy in June
Investors could be well served by ETFs from sectors that house the top-ranked industries amid the uncertainty about the timing of Fed rate cuts.
EU's Vestager warns of higher prices, fewer frequencies in Lufthansa, ITA deal
Lufthansa's bid to acquire a stake in Italian state-owned carrier ITA could lead to price hikes and fewer frequencies for passengers, EU antitrust chief Margrethe Vestager said on Thursday.
