Blue Trust Inc. reduced its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 88.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,912 shares of the company’s stock after selling 14,715 shares during the quarter. Blue Trust Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $418,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Physician Wealth Advisors Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 395.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 95 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. Optima Capital LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $28,000. GHP Investment Advisors Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $30,000. Finally, Wolff Wiese Magana LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 302.6% in the 4th quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter.
iShares U.S. Aerospace & Defense ETF Stock Performance
Shares of iShares U.S. Aerospace & Defense ETF stock opened at $236.78 on Monday. The company has a market capitalization of $10.42 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $183.42 and a 12 month high of $250.65. The stock’s fifty day simple moving average is $227.61 and its 200 day simple moving average is $228.66.
iShares U.S. Aerospace & Defense ETF 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.
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