LM Advisors LLC Has $181,000 Stake in iShares U.S. Aerospace & Defense ETF $ITA

LM Advisors LLC lowered its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 79.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 841 shares of the company’s stock after selling 3,174 shares during the period. LM Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $181,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ITA. BNP Paribas Financial Markets lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after purchasing an additional 450,652 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 201.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 495,315 shares of the company’s stock worth $103,650,000 after purchasing an additional 330,963 shares during the period. LPL Financial LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after purchasing an additional 325,026 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 161.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after purchasing an additional 313,740 shares during the period. Finally, Dynasty Wealth Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $47,721,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $233.79 on Friday. The company has a market capitalization of $10.29 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52-week low of $177.56 and a 52-week high of $250.65. The company’s 50 day moving average price is $225.78 and its 200-day moving average price is $226.01.

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). 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.