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Keep an Eye on “ITA” ETF as Boeing Begins Hiring Freeze

By: ETFdb
In an effort to preserve cash amid the coronavirus outbreak, airplane manufacturer Boeing implemented a hiring freeze on Wednesday in an effort to preserve cash as the travel industry takes an unforeseen hit. With almost a 20% stake in Boeing, one fund to watch is the iShares U.S. Aerospace & Defense ETF ( ITA B ).
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