IShares Etf Profile

ITA
 Etf
  

USD 112.01  0.09  0.08%   

Market Performance
8 of 100
Odds Of Distress
Less than 18
IShares US is trading at 112.01 as of the 1st of December 2022, a 0.08 percent up since the beginning of the trading day. The etf's open price was 111.92. IShares US has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for IShares US Aerospace are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2020 and ending today, the 1st of December 2022. Click here to learn more.
The index measures the performance of the aerospace and defense sector of the U.S. equity market, as defined by SPDJI. US Aerospace is traded on BATS Exchange in the United States. More on IShares US Aerospace

Moving together with IShares US

+0.96XLIIndustrial Select SectorPairCorr
+0.95VISVanguard IndustrialsPairCorr
+0.86FXRFirst Trust IndustriPairCorr

IShares US Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares US's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares US or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund generated three year return of -1.0%
IShares US Aerospace retains 99.94% of its assets under management (AUM) in equities
New SymbolITA1
ChairmanLee Kranefuss
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of IShares US's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldOvervalued
IssueriShares
Inception Date2006-05-01
BenchmarkDow Jones US Select Aerospace & Defense Index
Entity TypeRegulated Investment Company
Asset Under Management4.35 Billion
Average Trading Valume501,177.5
Asset TypeEquity
CategorySector
FocusIndustrials
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerDiane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Apr
ExchangeCboe BZX Exchange, Inc.
Number of Constituents39.0
Market MakerVirtu Financial
Total Expense0.42
Management Fee0.42
Nav Price103.09
Two Hundred Day Average103.37
Ytd1.54%
Average Daily Volume In Three Month462.82k
Fifty Two Week Low91.02
As Of Date25th of October 2022
Average Daily Volume Last 10 Day484.05k
Fifty Two Week High113.67
One Month9.95%
Fifty Day Average101.79
Three Month3.53%
Beta In Three Year1.09
IShares US Aerospace [ITA] is traded in USA and was established 2006-05-01. The fund is classified under Industrials category within iShares family. IShares US Aerospace currently have 3.39 B in assets under management (AUM). , while the total return for the last 3 years was -0.55%.
Check IShares US Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IShares US Aerospace Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top IShares US Aerospace Constituents

IShares US Target Price Odds Analysis

What are IShares US's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares US jumping above the current price in 90 days from now is about 5.04%. The IShares US Aerospace probability density function shows the probability of IShares US etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon IShares US has a beta of 0.8818. This usually indicates IShares US Aerospace market returns are sensitive to returns on the market. As the market goes up or down, IShares US is expected to follow. Additionally, the company has an alpha of 0.0582, implying that it can generate a 0.0582 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 112.01HorizonTargetOdds Above 112.01
94.90%90 days
 112.01 
5.04%
Based on a normal probability distribution, the odds of IShares US to move above the current price in 90 days from now is about 5.04 (This IShares US Aerospace probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .

IShares US Top Holders

IShares US Major Institutional Holders

Institutional Holdings refers to the ownership stake in IShares US that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IShares US's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IShares US's value.
InstituionSecurity TypeTotal SharesValue
Zwj Investment Counsel IncFund UnitsK433 K
View IShares US Diagnostics

IShares US Aerospace Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares US market risk premium is the additional return an investor will receive from holding IShares US long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares US. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares US's alpha and beta are two of the key measurements used to evaluate IShares US's performance over the market, the standard measures of volatility play an important role as well.

IShares US Against Markets

Picking the right benchmark for IShares US etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares US etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares US is critical whether you are bullish or bearish towards IShares US Aerospace at a given time.
The entity IShares US Aerospace with a symbol ITA was recently relisted or delisted. You can potentially use ITALY FUND INC with a symbol ITA1. Please make sure the ticker renaming or change in the classification of IShares US Aerospace is not a temporary action by the exchange.

Invested in IShares US Aerospace?

The danger of trading IShares US Aerospace is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares US is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares US. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IShares US Aerospace is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running IShares US Aerospace price analysis, check to measure IShares US's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares US is operating at the current time. Most of IShares US's value examination focuses on studying past and present price action to predict the probability of IShares US's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IShares US's price. Additionally, you may evaluate how the addition of IShares US to your portfolios can decrease your overall portfolio volatility.
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The market value of IShares US Aerospace is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares US's value that differs from its market value or its book value, called intrinsic value, which is IShares US's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares US's market value can be influenced by many factors that don't directly affect IShares US's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares US's value and its price as these two are different measures arrived at by different means. Investors typically determine IShares US value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares US's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.