iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC decreased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 7.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,049 shares of the company’s stock after selling 561 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,079,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ITA. Northern Trust Corp purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $585,000. D. E. Shaw & Co. Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $1,917,000. Focus Partners Wealth grew its position in shares of iShares U.S. Aerospace & Defense ETF by 65.8% in the fourth quarter. Focus Partners Wealth now owns 24,131 shares of the company’s stock valued at $3,551,000 after purchasing an additional 9,576 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $39,012,000. Finally, Vident Advisory LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $281,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $198.21 on Friday. The stock’s fifty day moving average is $194.77 and its two-hundred day moving average is $172.65. The firm has a market capitalization of $8.72 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47.

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).