Bryn Mawr Capital Management LLC Decreases Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bryn Mawr Capital Management LLC cut its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,967 shares of the company’s stock after selling 237 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,885,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Blue Trust Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 140.9% in the 3rd quarter. Blue Trust Inc. now owns 660 shares of the company’s stock valued at $99,000 after purchasing an additional 386 shares in the last quarter. Private Advisor Group LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 1.0% in the third quarter. Private Advisor Group LLC now owns 65,143 shares of the company’s stock valued at $9,748,000 after purchasing an additional 666 shares during the last quarter. Global Assets Advisory LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 22.4% in the third quarter. Global Assets Advisory LLC now owns 7,099 shares of the company’s stock valued at $1,074,000 after purchasing an additional 1,297 shares during the last quarter. Greystone Financial Group LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 9.4% in the third quarter. Greystone Financial Group LLC now owns 5,608 shares of the company’s stock valued at $839,000 after buying an additional 481 shares in the last quarter. Finally, DORCHESTER WEALTH MANAGEMENT Co acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth $1,387,000.

iShares U.S. Aerospace & Defense ETF Stock Up 3.2 %

iShares U.S. Aerospace & Defense ETF stock opened at $152.88 on Friday. The firm’s 50-day simple moving average is $151.03 and its 200 day simple moving average is $149.26. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The firm has a market capitalization of $7.19 billion, a PE ratio of 29.96 and a beta of 0.60.

About iShares U.S. Aerospace & Defense ETF

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).