iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Brookstone Capital Management

Brookstone Capital Management reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 45.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,531 shares of the company’s stock after selling 9,509 shares during the quarter. Brookstone Capital Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,522,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. AQR Capital Management LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the 1st quarter worth $460,000. Goldman Sachs Group Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after purchasing an additional 151,757 shares during the period. Russell Investments Group Ltd. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 298.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock worth $118,000 after buying an additional 469 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth about $359,000. Finally, Cerity Partners LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 7.3% during the second quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock worth $4,687,000 after purchasing an additional 1,688 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA opened at $236.19 on Thursday. The stock’s fifty day moving average is $227.51 and its 200-day moving average is $228.19. iShares U.S. Aerospace & Defense ETF has a one year low of $181.61 and a one year high of $250.65. The company has a market capitalization of $10.39 billion, a PE 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.