Corient Private Wealth LLC Reduces Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Corient Private Wealth LLC trimmed its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 42.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,984 shares of the company’s stock after selling 4,501 shares during the period. Corient Private Wealth LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,129,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ITA. Caldwell Trust Co acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $552,000. NWF Advisory Services Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 156.2% in the 2nd quarter. NWF Advisory Services Inc. now owns 3,528 shares of the company’s stock worth $666,000 after purchasing an additional 2,151 shares during the last quarter. Total Investment Management Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $35,000. Centaurus Financial Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 15.8% during the second quarter. Centaurus Financial Inc. now owns 3,176 shares of the company’s stock worth $599,000 after purchasing an additional 434 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 392.0% in the second quarter. Orion Porfolio Solutions LLC now owns 19,531 shares of the company’s stock worth $3,684,000 after purchasing an additional 15,561 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 48.8%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $220.29 on Friday. The business has a 50-day moving average price of $208.72 and a 200 day moving average price of $200.36. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47. The firm has a market cap of $9.69 billion, a P/E ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company Profile

iShares U.S. Aerospace & Defense ETF, formerly iShares Dow Jones U.S. Aerospace & Defense Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Aerospace & Defense Index (the Index). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.