NewEdge Advisors LLC Sells 105,143 Shares of iShares U.S. Aerospace & Defense ETF $ITA

NewEdge Advisors LLC trimmed its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITAFree Report) by 69.6% during the first quarter, Holdings Channel.com reports. The firm owned 45,967 shares of the company’s stock after selling 105,143 shares during the period. NewEdge Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $10,055,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Bogart Wealth LLC grew its position in iShares U.S. Aerospace & Defense ETF by 447.6% in the 1st quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after purchasing an additional 94 shares during the period. Physician Wealth Advisors Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 395.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares during the last quarter. Optima Capital LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. Clearstead Trust LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter valued at about $28,000. Finally, GHP Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth approximately $30,000.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA stock opened at $250.75 on Monday. The firm has a market capitalization of $11.03 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a twelve month low of $191.82 and a twelve month high of $256.60. The stock’s 50 day moving average is $238.03 and its 200-day moving average is $232.80.

iShares U.S. Aerospace & Defense ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Aerospace & Defense ETF (BATS:ITA)

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