Scotia Capital Inc. Trims Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Scotia Capital Inc. trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.7% in the second quarter, HoldingsChannel reports. The firm owned 22,835 shares of the company’s stock after selling 393 shares during the period. Scotia Capital Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,307,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of ITA. Atlantic Union Bankshares Corp acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at $31,000. Rialto Wealth Management LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 265.4% in the second quarter. Rialto Wealth Management LLC now owns 190 shares of the company’s stock worth $36,000 after acquiring an additional 138 shares during the last quarter. Private Wealth Asset Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at $38,000. Valley National Advisers Inc. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 41.0% during the second quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock valued at $38,000 after acquiring an additional 59 shares during the last quarter. Finally, 1 North Wealth Services LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the first quarter valued at $32,000.

iShares U.S. Aerospace & Defense ETF Trading Up 38.2%

Shares of ITA stock opened at $204.72 on Friday. The firm has a 50-day moving average price of $208.63 and a 200 day moving average price of $196.03. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47. The company has a market capitalization of $9.01 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company 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).