iShares U.S. Aerospace & Defense ETF (ITA)
- Previous Close
150.37 - Open
151.75 - Bid 151.50 x 900
- Ask 152.00 x 800
- Day's Range
150.32 - 151.84 - 52 Week Range
106.44 - 152.32 - Volume
256,953 - Avg. Volume
432,206 - Net Assets 6.18B
- NAV 151.80
- PE Ratio (TTM) 34.95
- Yield 0.82%
- YTD Daily Total Return 20.60%
- Beta (5Y Monthly) 0.77
- Expense Ratio (net) 0.40%
The index measures the performance of the aerospace and defense sector of the U.S. equity market, as defined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.
iShares
Fund Family
Industrials
Fund Category
6.18B
Net Assets
2006-05-01
Inception Date
Performance Overview: ITA
View MoreTrailing returns as of 10/4/2024. Category is Industrials.
People Also Watch
Holdings: ITA
View MoreTop 10 Holdings (76.40% of Total Assets)
Sector Weightings
Recent News: ITA
View MoreResearch Reports: ITA
View MoreEvery Cloud Has a Silver Lining; We Recommend Investors Buy Shares of ASML and Besi
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice TargetArgus Quick Note: Weekly Stock List for 09/03/2024: Global Dividend Investing
Global stocks are gaining, if not at the pace of domestic equities. While the S&P 500 has risen 17% year to date, the EAFA index of large- and mid-cap stocks based in countries other than the U.S. and Canada has gained 9.5%. Over the past five years, the performance gap has been wider, with the S&P 500 advancing 94% compared to a 32% gain in EAFE. But the underperformance has given global stocks a valuation advantage, particularly in the area of dividends. Consider that the EAFE dividend yield of 2.9% is 170 basis points higher than the comparable S&P 500 dividend yield. We think global dividend stocks now offer opportunity, particularly given the endless speculation over the direction of interest rates in the U.S., which has created market-timing headaches for equity income investors, who have endured recent wide swings in prices for rate-sensitive equity in areas such as utilities, REITs and MLPs. In our view, investing in international income stocks is one way to increase portfolio diversification while reducing sensitivity to volatile U.S. interest rates. Investing in overseas stocks carries its own set of risks, including the impact of currency exchange and geopolitical turmoil. But there are also a number of positives in this asset class for U.S. investors, including a wide selection of companies that pay dividends, robust industry diversification, and, as we have mentioned, higher yields and lower valuations. Argus has recently boosted its global coverage, and recommends the following international dividend stocks, each of which has at least a long-term BUY rating from an Argus analyst. Note this list of approximately 25-30 companies offers exposure to eight of the 11 major industrial sectors. The list includes companies from 10 countries.
Every Cloud Has a Silver Lining; We Recommend Investors Buy Shares of ASML and Besi
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice TargetASML Holding: Heathy Orders Calm Investor Concerns and Attention Shifts to China: Valuation Intact
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice Target