Bluesphere Advisors LLC Trims Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bluesphere Advisors LLC cut its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 12.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,001 shares of the company’s stock after selling 4,871 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises 2.3% of Bluesphere Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Bluesphere Advisors LLC owned approximately 0.07% of iShares U.S. Aerospace & Defense ETF worth $4,797,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 200.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after acquiring an additional 130 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at about $30,000. Albion Financial Group UT bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $31,000. ORG Partners LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 2,000.0% in the third quarter. ORG Partners LLC now owns 315 shares of the company’s stock worth $47,000 after buying an additional 300 shares during the last quarter. Finally, Salem Investment Counselors Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 300.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock worth $47,000 after buying an additional 240 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 5.7 %

Shares of ITA opened at $156.59 on Friday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The company has a market capitalization of $7.36 billion, a P/E ratio of 29.96 and a beta of 0.60. The firm has a 50 day moving average of $150.13 and a 200 day moving average of $147.65.

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).