NewEdge Advisors LLC Has $10.05 Million Stake in iShares U.S. Aerospace & Defense ETF $ITA

NewEdge Advisors LLC reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 69.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,967 shares of the company’s stock after selling 105,143 shares during the quarter. NewEdge Advisors LLC owned approximately 0.10% of iShares U.S. Aerospace & Defense ETF worth $10,055,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Assetmark Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 314.8% in the fourth quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock valued at $3,222,000 after buying an additional 11,391 shares during the period. Clearwave Capital LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $906,000. Tepp RIA LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 389.7% in the 1st quarter. Tepp RIA LLC now owns 8,814 shares of the company’s stock valued at $1,928,000 after acquiring an additional 7,014 shares in the last quarter. Clear Creek Financial Management LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 52.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 8,576 shares of the company’s stock valued at $1,841,000 after acquiring an additional 2,959 shares in the last quarter. Finally, World Investment Advisors lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 124.6% during the 4th quarter. World Investment Advisors now owns 24,038 shares of the company’s stock valued at $5,161,000 after acquiring an additional 13,334 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $250.75 on Monday. The company has a market capitalization of $11.03 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12-month low of $191.82 and a 12-month high of $256.60. The firm’s fifty day moving average is $238.03 and its 200 day moving average is $232.80.

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.