ITA 📈 iShares U.S. Aerospace & - Overview

The iShares U.S. Aerospace & Defense ETF, listed on BATS under the ticker ITA, tracks the performance of the U.S. aerospace and defense sector, as outlined by the S&P Dow Jones Indices. This sector encompasses a broad range of companies involved in the research, development, and manufacture of aerospace and defense-related products and services. The fund's investment strategy typically involves allocating at least 80% of its assets to the securities that comprise its underlying index, as well as other investments that closely mirror the economic characteristics of these securities. This approach allows the fund to closely replicate the performance of the aerospace and defense sector, providing investors with targeted exposure to this specific segment of the U.S. equity market.

Furthermore, the fund has the flexibility to invest up to 20% of its assets in derivatives, such as futures, options, and swap contracts, as well as in cash and cash equivalents. This flexibility can be utilized to manage risk, enhance liquidity, or pursue additional investment opportunities that align with the fund's objective. It's worth noting that, as a non-diversified fund, the iShares U.S. Aerospace & Defense ETF may concentrate its investments in a smaller number of securities, which can result in higher volatility compared to a diversified fund. The fund is domiciled in the United States and is classified as an exchange-traded fund (ETF) within the industrials category, with the ISIN code US4642887602. For more information, investors can visit the iShares website at http://www.ishares.com.

In terms of its composition, the iShares U.S. Aerospace & Defense ETF provides investors with access to a portfolio of companies that are involved in various aspects of the aerospace and defense industry, including manufacturers of military aircraft, defense electronics, and space systems. The fund's underlying index is designed to capture the performance of this sector, providing a benchmark for investors to measure the fund's performance. By investing in the iShares U.S. Aerospace & Defense ETF, investors can gain exposure to the U.S. aerospace and defense sector, which can be an attractive option for those looking to capitalize on the growth and innovation in this industry. The fund's ETF structure also offers the benefits of transparency, liquidity, and trading flexibility, making it a convenient option for investors seeking to add aerospace and defense exposure to their portfolios.