Smith Anglin Financial LLC Has $1.23 Million Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Smith Anglin Financial LLC lessened its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 14.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,435 shares of the company’s stock after selling 1,370 shares during the period. Smith Anglin Financial LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,226,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock valued at $145,716,000 after purchasing an additional 69,091 shares during the period. Stifel Financial Corp grew its position in iShares U.S. Aerospace & Defense ETF by 1.2% in the third quarter. Stifel Financial Corp now owns 305,078 shares of the company’s stock valued at $45,657,000 after acquiring an additional 3,677 shares during the period. JPMorgan Chase & Co. raised its stake in iShares U.S. Aerospace & Defense ETF by 8.7% during the third quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after acquiring an additional 23,100 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2.7% during the third quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock valued at $42,773,000 after acquiring an additional 7,522 shares during the period. Finally, Raymond James & Associates boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 8.8% in 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 in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 1.3 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $148.08 on Wednesday. The stock has a market capitalization of $6.96 billion, a P/E ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The company has a 50-day simple moving average of $149.75 and a 200 day simple moving average of $145.83.

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).