Schmidt P J Investment Management Inc. Reduces Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Schmidt P J Investment Management Inc. trimmed its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,383 shares of the company’s stock after selling 244 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $638,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Brookwood Investment Group LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the 2nd quarter. Brookwood Investment Group LLC now owns 5,359 shares of the company’s stock valued at $1,011,000 after buying an additional 554 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 18.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 269,436 shares of the company’s stock valued at $50,826,000 after buying an additional 42,241 shares in the last quarter. Atlatl Advisers LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $259,000. Darden Wealth Group Inc lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 32.3% during the 2nd quarter. Darden Wealth Group Inc now owns 2,202 shares of the company’s stock valued at $415,000 after buying an additional 537 shares in the last quarter. Finally, Mason & Associates Inc purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $268,000.

iShares U.S. Aerospace & Defense ETF Stock Up 46.4%

ITA stock opened at $216.80 on Monday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47. The stock has a market cap of $9.54 billion, a P/E ratio of 34.35 and a beta of 0.87. The business’s 50-day moving average price is $203.82 and its 200-day moving average price is $186.77.

iShares U.S. Aerospace & Defense ETF Company 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).