iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Sold by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. trimmed its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 13.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,543 shares of the company’s stock after selling 718 shares during the period. Patriot Investment Management Group Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $660,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ITA. McElhenny Sheffield Capital Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the third quarter worth approximately $16,511,000. Benjamin Edwards Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 1,568.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 98,730 shares of the company’s stock worth $14,775,000 after purchasing an additional 92,813 shares during the last quarter. Millennium Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $11,693,000. Aptus Capital Advisors LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 11,712.6% in the third quarter. Aptus Capital Advisors LLC now owns 73,829 shares of the company’s stock valued at $11,048,000 after buying an additional 73,204 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 7.6% during the third quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock worth $145,716,000 after purchasing an additional 69,091 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 7.0 %

Shares of BATS ITA opened at $158.43 on Friday. The stock has a market cap of $7.45 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56. The business has a 50-day moving average price of $149.51 and a 200 day moving average price of $146.57.

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).