HighTower Advisors LLC trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 10.8% during the 4th quarter, Holdings Channel reports. The fund owned 174,700 shares of the company’s stock after selling 21,257 shares during the period. HighTower Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $37,506,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 395.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring an additional 95 shares in the last quarter. Optima Capital LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $28,000. Aventura Private Wealth LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $28,000. GHP Investment Advisors Inc. bought a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $30,000. Finally, Wolff Wiese Magana LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 302.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares in the last quarter.
iShares U.S. Aerospace & Defense ETF Stock Performance
ITA stock opened at $223.15 on Friday. The firm has a market cap of $9.82 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm has a 50-day simple moving average of $224.37 and a two-hundred day simple moving average of $223.54. iShares U.S. Aerospace & Defense ETF has a one year low of $168.44 and a one year high of $250.65.
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.
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Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report).
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