Aerospace ETF Takes Flight After Rockwell Collins Buys B/E Aerospace
October 24, 2016 at 14:49 PM EDT
Aerospace and defense exchange traded funds climbed after Rockwell Collins (NYSE: COL) acquired B/E Aerospace (NasdaqGS: BEAV) to tie together two of the largest suppliers to airlines and plane makers. On Monday, the iShares U.S. Aerospace & Defense ETF (NYSEArca: ITA) gained 1.1% and SPDR...