iShares U.S. Aerospace & Defense ETF investor sentiment
Source: Yahoo Finance
The iShares U.S. Aerospace & Defense ETF (ITA) tracks ETFs focused on the aerospace and defense sectors, reflecting investor sentiment. It is a basket of stocks of companies in the defense industrial base.
Higher ITA prices demonstrate that investors believe the value of defense primes will increase, while lower prices suggest caution towards the growth of the defense industrial base. The ETF serves as a real-time measure of market confidence in the sector's future profitability and growth prospects.
Units: Price (USD)