Should you invest in iShares Aerospace & Defense ETF (ITA)?
You should consider the iShares U.S. Aerospace & Defense ETF (ITA), a passively managed exchange traded fund launched on 05/01/2006. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency.
What is the iShares Aerospace & Defense ETF?
The iShares U.S. Aerospace & Defense ETF seeks to track the investment results of an index composed of U.S. equities in the aerospace and defense sector.
What is the iShares Dow Jones Aerospace & Defense ETF?
ITA chart The iShares Dow Jones US Aerospace and Defense ETF track the performance of the Dow Jones U.S. Select Aerospace & Defense Index, investing at least 80% of its total assets in the components of its tracked index and other securities of like economic characteristics.