Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds.
This week, Lydon looked at the iShares U.S. Aerospace & Defense ETF (ITA), a Trump trade that could fire up with increased military action.
ITA is a targeted play on the defense industry that focuses on U.S. companies that manufacture commercial and military aircrafts and other defense equipment.
Top holdings: Boeing 9.3%, United Technologies 8.7%, Lockheed Martin 7.7%, General Dynamics 6.8%, Raytheon 6.2%, Northrop Grumman 6.0%, L3 Technologies 3.3%, and Rockwell Collins 3.3%.