TD Waterhouse Canada Inc. Cuts Position in iShares U.S. Aerospace & Defense ETF $ITA

TD Waterhouse Canada Inc. lessened its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 48.1% during the second quarter, HoldingsChannel reports. The firm owned 48,878 shares of the company’s stock after selling 45,245 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $11,910,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ITA. AQR Capital Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 1st quarter valued at $460,000. Goldman Sachs Group Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in iShares U.S. Aerospace & Defense ETF by 298.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock worth $118,000 after acquiring an additional 469 shares in the last quarter. Quantbot Technologies LP acquired a new position in iShares U.S. Aerospace & Defense ETF in the second quarter worth about $359,000. Finally, Cerity Partners LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 7.3% in the second quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock valued at $4,687,000 after buying an additional 1,688 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.2%

Shares of ITA opened at $225.61 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $194.59 and a 52 week high of $256.60. The firm has a market cap of $9.93 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The stock has a 50 day moving average of $240.15 and a 200-day moving average of $233.58.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.