iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC cut its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 71.7% during the first quarter, Holdings Channel.com reports. The firm owned 1,264 shares of the company’s stock after selling 3,203 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Morgan Stanley raised its position in shares of iShares U.S. Aerospace & Defense ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock valued at $642,674,000 after buying an additional 171,385 shares during the period. Wells Fargo & Company MN raised its position in shares of iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock valued at $272,782,000 after buying an additional 148,199 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 12.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after buying an additional 100,299 shares during the period. Finally, UBS Group AG lifted its holdings in iShares U.S. Aerospace & Defense ETF by 20.1% in the third quarter. UBS Group AG now owns 728,077 shares of the company’s stock valued at $152,357,000 after acquiring an additional 121,945 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA opened at $230.73 on Friday. The stock has a market capitalization of $10.15 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a one year low of $190.16 and a one year high of $251.49. The business’s 50 day moving average price is $233.32 and its 200 day moving average price 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.