iShares U.S. Aerospace & Defense ETF $ITA Stock Holdings Decreased by Brookstone Capital Management

Brookstone Capital Management lessened its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 45.2% in the 1st quarter, Holdings Channel reports. The fund owned 11,531 shares of the company’s stock after selling 9,509 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,522,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ITA. LPL Financial LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the fourth 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 in the last quarter. Morgan Stanley lifted its stake in iShares U.S. Aerospace & Defense ETF by 6.1% in the fourth quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock valued at $642,674,000 after acquiring an additional 171,385 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in iShares U.S. Aerospace & Defense ETF by 13.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after purchasing an additional 148,199 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in iShares U.S. Aerospace & Defense ETF by 49.7% during the third quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock valued at $190,950,000 after buying an additional 302,774 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 12.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after acquiring an additional 100,299 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 0.1%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $236.19 on Thursday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $181.61 and a 1-year high of $250.65. The firm has a fifty day simple moving average of $227.51 and a 200-day simple moving average of $228.19. The stock has a market capitalization of $10.39 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). 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.