iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by WealthShield Partners LLC

WealthShield Partners LLC reduced its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 83.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,445 shares of the company’s stock after selling 12,761 shares during the quarter. WealthShield Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $535,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. BNP Paribas Financial Markets increased its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% during the second 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 in the last quarter. LPL Financial LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 11.5% during 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 during the period. Northwestern Mutual Wealth Management Co. boosted its position in 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 valued at $109,152,000 after buying an additional 313,740 shares during the period. Dynasty Wealth Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $47,721,000. Finally, JPMorgan Chase & Co. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 37.9% during the 4th quarter. JPMorgan Chase & Co. now owns 683,215 shares of the company’s stock worth $146,680,000 after acquiring an additional 187,900 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of iShares U.S. Aerospace & Defense ETF stock traded down $0.56 during trading hours on Friday, hitting $239.06. The company had a trading volume of 496,209 shares, compared to its average volume of 1,059,541. The company’s 50-day moving average is $232.02 and its two-hundred day moving average is $231.02. iShares U.S. Aerospace & Defense ETF has a twelve month low of $188.38 and a twelve month high of $251.49. The company has a market cap of $10.52 billion, a P/E ratio of 34.35 and a beta of 0.87.

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.