Bay Colony Advisory Group Inc d b a Bay Colony Advisors Reduces Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 30.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,936 shares of the company’s stock after selling 3,876 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares U.S. Aerospace & Defense ETF were worth $1,870,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Consulate Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $28,000. SRH Advisors LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at about $30,000. Atlantic Union Bankshares Corp purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $31,000. Total Investment Management Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $35,000. Finally, Rialto Wealth Management LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 265.4% in the 2nd quarter. Rialto Wealth Management LLC now owns 190 shares of the company’s stock worth $36,000 after purchasing an additional 138 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $232.87 on Friday. The stock’s 50 day simple moving average is $210.50 and its 200-day simple moving average is $203.59. The stock has a market cap of $10.25 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1-year low of $129.14 and a 1-year high of $198.47.

About iShares U.S. Aerospace & Defense ETF

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.