Picton Mahoney Asset Management Decreases Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Picton Mahoney Asset Management reduced its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 20.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,200 shares of the company’s stock after selling 300 shares during the period. Picton Mahoney Asset Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $152,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Centric Wealth Management acquired a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $268,000. Apollon Wealth Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.4% in the fourth quarter. Apollon Wealth Management LLC now owns 21,207 shares of the company’s stock worth $2,685,000 after buying an additional 285 shares in the last quarter. Lincoln National Corp boosted its position in iShares U.S. Aerospace & Defense ETF by 3.1% during the fourth quarter. Lincoln National Corp now owns 23,359 shares of the company’s stock worth $2,957,000 after acquiring an additional 713 shares during the last quarter. Private Advisor Group LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 2.1% during the 4th quarter. Private Advisor Group LLC now owns 57,710 shares of the company’s stock valued at $7,306,000 after acquiring an additional 1,188 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 33.9% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 3,709 shares of the company’s stock worth $470,000 after purchasing an additional 940 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $135.40 on Friday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56. The stock has a market cap of $6.36 billion, a P/E ratio of 29.96 and a beta of 0.60. The stock’s 50 day simple moving average is $129.70 and its 200-day simple moving average is $123.91.

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).