iShares U.S. Aerospace & Defense ETF $ITA Stock Sold by Arrien Investments Inc.

Arrien Investments Inc. reduced its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 38.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,876 shares of the company’s stock after selling 12,406 shares during the quarter. iShares U.S. Aerospace & Defense ETF accounts for 2.1% of Arrien Investments Inc.’s investment portfolio, making the stock its 13th biggest holding. Arrien Investments Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of ITA. 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 buying an additional 94 shares during the last quarter. Continuum Advisory LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth $26,000. Root Financial Partners LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth $27,000. Clearstead Trust LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $28,000. Finally, Physician Wealth Advisors Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 59.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $40,000 after acquiring an additional 71 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Down 1.5%

Shares of BATS:ITA opened at $212.84 on Thursday. The company has a market cap of $9.36 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm’s 50-day simple moving average is $213.49 and its 200-day simple moving average is $228.78. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $195.71 and a fifty-two week high of $256.60.

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). 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.