Commerce Bank Trims Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Commerce Bank cut its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,878 shares of the company’s stock after selling 146 shares during the quarter. Commerce Bank’s holdings in iShares U.S. Aerospace & Defense ETF were worth $709,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ITA. Armstrong Advisory Group Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 200.0% during the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after buying an additional 130 shares in the last quarter. Albion Financial Group UT purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $31,000. HHM Wealth Advisors LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 273.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock valued at $33,000 after acquiring an additional 164 shares during the period. Marshall Investment Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $35,000. Finally, Manchester Capital Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth about $39,000.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $146.28 on Wednesday. The stock has a market capitalization of $5.97 billion, a PE ratio of 30.05 and a beta of 0.82. The business has a 50 day simple moving average of $150.58 and a 200-day simple moving average of $150.99. iShares U.S. Aerospace & Defense ETF has a 12 month low of $126.86 and a 12 month high of $160.18.

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).