iShares U.S. Aerospace & Defense ETF $ITA Position Trimmed by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. decreased its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 68.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,112 shares of the company’s stock after selling 17,341 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,774,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ITA. BNP Paribas Financial Markets lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after acquiring an additional 450,652 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after acquiring an additional 325,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 161.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after acquiring an additional 313,740 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $47,721,000. Finally, JPMorgan Chase & Co. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 37.9% during the fourth quarter. JPMorgan Chase & Co. now owns 683,215 shares of the company’s stock worth $146,680,000 after purchasing an additional 187,900 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Down 0.1%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $230.73 on Friday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $190.16 and a 12-month high of $251.49. The firm has a market capitalization of $10.15 billion, a PE ratio of 34.35 and a beta of 0.87. The stock’s fifty day moving average is $233.32 and its 200-day moving average is $231.52.

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.