TrinityPoint Wealth LLC Sells 1,096 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

TrinityPoint Wealth LLC cut its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 32.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,249 shares of the company’s stock after selling 1,096 shares during the period. TrinityPoint Wealth LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $337,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 3.5% in the second quarter. LPL Financial LLC now owns 904,685 shares of the company’s stock worth $119,464,000 after acquiring an additional 30,436 shares during the period. Commonwealth Equity Services LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 2.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock worth $42,773,000 after purchasing an additional 7,522 shares in the last quarter. Raymond James & Associates grew its position in iShares U.S. Aerospace & Defense ETF by 8.8% during the 3rd quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock valued at $40,092,000 after purchasing an additional 21,721 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares U.S. Aerospace & Defense ETF by 7.5% during the 2nd quarter. Cetera Investment Advisers now owns 221,043 shares of the company’s stock valued at $29,189,000 after purchasing an additional 15,396 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 19.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 193,869 shares of the company’s stock worth $25,600,000 after buying an additional 31,969 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $150.30 on Tuesday. The company has a market cap of $7.06 billion, a PE ratio of 29.96 and a beta of 0.60. The firm’s 50 day moving average price is $149.70 and its 200-day moving average price is $141.53. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56.

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).