Stocks / ETF
ITAETF
FollowFollowingUnfollowiShares U.S. Aerospace & Defense ETF
$214.681d +2.4%5d +3.6%settled close · 2026-11-02
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Mkt cap $13B (11/2)β 0.7552w $202–253Shares 60.2MCboe BZX since 2006
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Who’s talking about ITA
68 long3 shortlatest 2026-10-27
| Date | Voice | Stance | Venue | Thesis |
|---|---|---|---|---|
| 2026-10-27 | Lauren Sanfilippo | Bullish | Bloomberg TV (uncut) | The AI investment theme is broadening beyond semiconductors to the full industrial buildout required for data… |
| 2026-10-26 | Eric Sterner | Bullish | Fox Business (uncut) | Rising geopolitical tensions, NATO's commitment to 5% defense spending by 2035, and US munitions depletion… |
| 2026-10-26 | Unknown | Bullish | CNBC (uncut) | 850 F-35 orders over 10 years plus missile production ramp-up; market already looked through near-term margin… |
| 2026-10-26 | Guy Adami (RiskReversal)Trader & CNBC Fast Money panelist | Bullish | CNBC (uncut) | Northrop Grumman is showing bullish technical momentum signaling an imminent move higher |
| 2026-10-23 | Margie PatelSenior portfolio manager, Allspring Global Investments | Bullish | Bloomberg TV (uncut) | Industrials and aerospace/defense currently exhibit strong pricing power in the current inflationary… |
| 2026-10-22 | Unknown | Bullish | CNBC (uncut) | Rectified F-35 issues, healthy missile-system demand, genuine product shortage, and global geopolitical… |
| 2026-10-22 | Sheila KahyaogluMD, aerospace, defense & airlines equity analyst, Jefferies | Bullish | CNBC (uncut) | Defense demand is structurally strong for the first time in a long while, validated by beats and raised… |
| 2026-10-22 | Unknown | Bullish | CNBC (uncut) | Defense contractors had been out of favor and in the penalty box from an overlay of skepticism; a solid… |
| 2026-10-21 | Nathan Dean | Bullish | Bloomberg TV (uncut) | Defense appropriations must pass Congress bipartisanly regardless of midterm outcome, so spending grows… |
| 2026-10-21 | Neil HowePortfolio Manager, Hedgeye Asset Management | Bullish | Thoughtful Money (Adam Taggart) | Fourth Turning dynamics historically shift capital toward defense spending and state-directed industries as… |
Show all 71 mentions
| Date | Voice | Stance | Venue | Thesis |
|---|---|---|---|---|
| 2026-10-20 | Brent JohnsonCEO, Santiago Capital | Bullish | interview | Deglobalization and the US-China national security competition will drive one of the largest waves of capital… |
| 2026-10-20 | Jim Cramer (CNBC)Host, CNBC's Mad Money | Bullish | CNBC (uncut) | Countries bordering Russia are ordering every available defense product, creating demand that the stock's… |
| 2026-10-20 | Morgan Brennan | Bullish | CNBC (uncut) | Strong RTX, GE Aerospace and NOC results indicate robust commercial and defense demand that should support… |
| 2026-10-19 | Skylar WinanCIO, Regan Capital | Bullish | Fox Business (uncut) | Northrop Grumman benefits from a sustained US defense budget ramp and ongoing conflicts in Ukraine and the… |
| 2026-10-18 | Neil HowePortfolio Manager, Hedgeye Asset Management | Bullish | Thoughtful Money (Adam Taggart) | Global defense spending is rising across virtually all major nations as great-power conflict risk escalates… |
| 2026-10-14 | Momei QuManaging Director, PSP Growth | Bullish | Bloomberg Surveillance | Defense tech is at a convergence point of national security urgency from multiple active conflicts… |
| 2026-10-06 | Jenny Harrington (Gilman Hill)CEO, Gilman Hill Asset Management | Bullish | CNBC Halftime Final Trades | Northrop Grumman trades at 16x earnings with a 5% FCF yield, ~10% earnings growth, a $105B pipeline, and the… |
| 2026-09-26 | Michael EveryGlobal strategist, Rabobank | Bullish | Macro Voices | The hardening of US-versus-China-Russia-Iran-North Korea geopolitical blocs is forcing every Western nation —… |
| 2026-09-22 | Stefan HoopsCEO, DWS Group | Bullish | Bloomberg The Close | European private credit targeting growth-capital mezzanine for family-owned midcaps carries lower leverage… |
| 2026-09-18 | Mark SkousenEditor, Forecasts & Strategies; professor, Chapman University | Bullish | Wealthion | Elevated defense and war spending is creating significant opportunities in small-cap drone and missile… |
| 2026-09-13 | Griffonomics | Bullish | Capital Allocators | As the dominant player in missiles and propulsion, RTX benefits from non-negotiable global interceptor… |
| 2026-09-04 | Cathie WoodCEO & CIO, ARK Invest | Bullish | ARK Invest | Non-defense capital goods ex-aircraft has broken out of a 20-year range since the ChatGPT moment, with… |
| 2026-07-11 | Admiral Daryl CaldwellChief of Naval Operations, U.S. Navy | Bullish | Bloomberg Television | Congressional mandate requires 355 warships vs ~300 today, the current presidential budget is specifically… |
| 2026-07-10 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Legacy defense primes like Raytheon are unjustifiably lower since the war started — defense spending is… |
| 2026-07-07 | Anna MacdonaldInvestment strategy director, Hargreaves Lansdown | Bullish | Bloomberg Television | NATO-mandated spending commitments guarantee defense budget growth across member states, creating a… |
| 2026-06-19 | Michael ZezasHead of US Public Policy Research, Morgan Stanley | Bullish | The Compound | Europe is re-industrializing for defense and supply-chain autonomy while also being a 'sneaky AI beneficiary'… |
| 2026-06-19 | Brent JohnsonCEO, Santiago Capital | Bullish | Macro Voices | Deglobalization and persistent geopolitical conflict compel every country to rearm regardless of fiscal… |
| 2026-06-18 | Brent JohnsonCEO, Santiago Capital | Bullish | Macro Voices | Deglobalization and rising nationalism mean every country will be forced to rearm regardless of fiscal… |
| 2026-06-01 | Reza BundyCEO, Atlas Capital Team | Bullish | Nouriel Roubini | Defense stocks exhibit negative correlation to the dollar and rise during geopolitical escalation events… |
| 2026-05-29 | Jamie DimonChairman & CEO, JPMorgan Chase | Bullish | DRM News | Global remilitarization is a secular decade-long trend driving demand for drones, missiles, and defense… |
| 2026-05-28 | Dan LoebFounder/CEO, Third Point | Bearish | Invest Like The Best | European companies dependent on the local economy face structural headwinds from regulatory environment and a… |
| 2026-04-30 | Kyle BassFounder/CIO, Hayman Capital | Bullish | CNBC Television | US defense budget is set to increase ~50% toward 4.5% of GDP, and Europe is being forced to fund its own… |
| 2026-04-22 | Daniel YerginVice Chairman, S&P Global | Bullish | Odd Lots | Drone warfare has proven that cheap asymmetric capability can challenge the mightiest military, forcing Gulf… |
| 2026-04-21 | Tony BancroftResearch analyst, Gabelli Funds | Bullish | Bloomberg The Close | Decades of under-investment in defense — federal budget share roughly half Cold War levels — combined with… |
| 2026-04-20 | Rupert | Bullish | Jim Chanos | Drone warfare gives defenders a structural advantage (Risk analogy: a third die) making cheap precision… |
| 2026-04-13 | Tom Lee (Fundstrat)Co-founder & head of research, Fundstrat | Bullish | Tom Lee | Rising geopolitical conflict is accelerating sovereign security spending globally, making defense-oriented… |
| 2026-03-31 | Gareth MccartneyGlobal head of capital markets origination, UBS | Bullish | Bloomberg Open Interest | European defense spending tailwinds and infrastructure investment mandates provide relative insulation from… |
| 2026-03-19 | Joanne FeeneyPortfolio manager & partner, Advisors Capital Management | Bullish | Bloomberg Open Interest | The ongoing Iran war is accelerating European defense spending commitments, creating sustained demand growth… |
| 2026-03-05 | David RosenbergEconomist — Rosenberg Research | Bullish | Adam Taggart | Thoughtful Money® | The US-Iran conflict is a direct structural tailwind for defense, which has been one of the few equity… |
| 2026-02-18 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | Multiple distinct technology verticals (semiconductors, robotic automation, quantum, fusion, defense tech… |
| 2025-12-12 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Beryl Elites | Geopolitical fragmentation is driving a global defense spending boom while modern warfare has structurally… |
| 2025-11-18 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | CNBC Halftime Final Trades | Lockheed Martin is a buy on the strength of the F-35 program, which represents best-in-class air superiority |
| 2025-10-22 | Luke GromenMacro strategist — founder, FFTT | Bearish | ForexAnalytix | China will permanently halt military rare earth exports to the US, and markets have not priced in the 5–10… |
| 2025-10-08 | Michael HowellLiquidity strategist — CrossBorder Capital | Bullish | Wealthion | Treasury QE is channeling government spending into US industry including defense; rising NATO/5%-GDP defense… |
| 2025-10-03 | Kyle BassFounder/CIO, Hayman Capital | Bullish | CNBC Television | U.S. defense acquisition is shifting to a private-equity mindset under Feinberg, unlocking $200B in DoD… |
| 2025-09-04 | Kyle BassFounder/CIO, Hayman Capital | Bullish | CNBC Television | Geopolitical competition with China plus ~$300B in Big Beautiful Bill spending on rare earths, shipbuilding… |
| 2025-07-18 | Le ShrubCIO, family office (Monaco) | Bullish | Forward Guidance | Post-Zelensky snub accelerated European defense budget expansion and domestic industrial reshoring — a theme… |
| 2025-07-02 | Kyle BassFounder/CIO, Hayman Capital | Bullish | interview | NATO is expected to move toward 5% of GDP defense spending driven by simultaneous conflicts in Europe and the… |
| 2025-06-09 | David RosenbergEconomist — Rosenberg Research | Bullish | Wealthion | Rising geopolitical tensions are forcing even historically pacifist nations like Japan to increase military… |
| 2025-05-29 | Francis HuntFounder, The Market Sniper | Bearish | Wealthion | Defense stocks already delivered 30-40x returns on the hypermilitarization thesis, but as the US loses access… |
| 2025-05-28 | David CervantesFounder, Pinebrook Capital Management | Bullish | Forward Guidance | US security-guarantee pullback forces European rearmament (Germany, Poland, Finland) creating a secular bull… |
| 2025-05-16 | James van GeelenFounder, Citrini Research | Bullish | Forward Guidance | The Big Beautiful Bill is structured as a wartime budget with massive increases in missile defense (Golden… |
| 2025-05-15 | Russell NapierMarket strategist & financial historian | Bullish | Hidden Forces | Geopolitical realignment toward a cold war with China and European rearmament is driving a secular increase… |
| 2025-05-08 | Nouriel RoubiniEconomist; professor emeritus, NYU Stern | Bullish | Bloomberg Television | The US leads in technologies of the future—AI, robotics, semis, quantum, fintech—which could raise potential… |
| 2025-03-27 | Nomi PrinsFounder, Prinsights Global | Bullish | Wealthion | Europe is in a structural acceleration of defense spending driven by Ukraine war, Trump NATO pressure, and a… |
| 2025-03-26 | Le ShrubCIO, family office (Monaco) | Bullish | Forward Guidance | European pension funds with ESG mandates that previously excluded defense stocks are being forced to… |
| 2025-03-24 | Avi FelmanCo-host, 1000x podcast | Bullish | Forward Guidance | European politicians are structurally committed to domestic defense spending regardless of US political… |
| 2024-10-03 | Chris CaseyManaging Director, WindRock Wealth Management | Bullish | Wealthion | Ukraine and Gaza wars have massively depleted NATO ammunition stockpiles — a US factory produces in a month… |
| 2024-09-25 | Ryan HendersonHead of Research, Fiscal.ai | Bullish | Chit Chat Stocks | Long-term government contracts paired with mandatory security clearances create a durable intangible asset… |
| 2024-08-27 | David RosenbergEconomist — Rosenberg Research | Bullish | Wealthion | Geopolitical tensions are not improving and defense spending visibility remains high, sustaining sector… |
| 2024-08-23 | Josh WolfeCo-founder, Lux Capital | Bullish | The Logan Bartlett Show | Persistent geopolitical threats from Iran, China, Russia, and non-state actors require sustained deterrence… |
| 2024-08-15 | Chris CaseyManaging Director, WindRock Wealth Management | Bullish | Wealthion | Defense spending is locked in regardless of who wins because programs have 10–20 year lead times and the US… |
| 2024-01-31 | Cem KarsanFounder & CIO, Kai Volatility Advisors | Bullish | Option Alpha | Populist politics across both parties guarantees continued large-scale fiscal spending directed at… |
| 2023-05-25 | David RosenbergEconomist — Rosenberg Research | Bullish | Top Traders Unplugged | Military budgets are rising globally — including in formerly pacifist nations like Japan and Germany —… |
| 2023-03-15 | Zoltan PozsarFounder, Ex Uno Plures; ex-Credit Suisse | Bullish | Resource Talks | G7 governments are dramatically increasing defense budgets (Japan targeting third-largest military, Germany… |
| 2023-02-15 | Unknown | Bullish | CNBC Halftime Final Trades | Prefer defense sector exposure via ITA over health care as the sector pick for the period. |
| 2021-12-14 | Josh WolfeCo-founder, Lux Capital | Bullish | Jesse Michels | Geopolitical competition between the US and China is structurally driving long-term demand for aerospace and… |
| 2021-10-27 | Chris DavisChairman, Davis Advisors | Bullish | Tidal Financial Group | As of late 2021, the five-year performance gap between growth (23%) and value (12%) reached historic… |
| 2021-10-19 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | CNBC Halftime Final Trades | Defense and aerospace have a strong bid within industrials because no US budget cuts are coming and China's… |
| 2019-08-07 | Jim Lebenthal (Cerity)Partner, Cerity Partners | Bullish | Delivering Alpha | Northrop Grumman has good momentum as a beneficiary of defense spending in satellites, communications, and… |
| 2013-03-28 | Pat DorseyFounder & Portfolio Manager, Dorsey Asset Management | Bullish | Morningstar, Inc. | At 9x earnings the market has priced in defense budget fears, while Gulfstream's international backlog (70%… |
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The options tape
Notable options days
Sessions in the last 120 where ITA’s settled options volume ran ≥ 2× its trailing 20-session baseline, or delta-dollar flow ran ≥ 2.5× — 9 of 120 sessions qualified.
The qualifying dates are the free record. Close, flow, call/LEAPS mix and the 20-session outcome — for every session below — are member content.
| Date | Close | RVOL | Δ$ flow ($M) | Call % | LEAPS % | +20 sess. |
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+20 sess. = raw price change over the following 20
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