Gateway Wealth Partners LLC Sells 3,950 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Gateway Wealth Partners LLC reduced its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 53.2% during the first quarter, according to its most recent filing with the SEC. The fund owned 3,470 shares of the company’s stock after selling 3,950 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $759,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ITA. AQR Capital Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter worth about $460,000. Goldman Sachs Group Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after purchasing an additional 151,757 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 298.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock worth $118,000 after purchasing an additional 469 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $359,000. Finally, Cerity Partners LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.3% in the 2nd quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock worth $4,687,000 after purchasing an additional 1,688 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 3.6%

iShares U.S. Aerospace & Defense ETF stock opened at $236.26 on Thursday. The business’s 50 day simple moving average is $235.58 and its 200 day simple moving average is $232.44. iShares U.S. Aerospace & Defense ETF has a 12 month low of $191.19 and a 12 month high of $251.49. The company has a market cap of $10.40 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.