Absolute Capital Management LLC Decreases Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Absolute Capital Management LLC reduced its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITAFree Report) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,177 shares of the company’s stock after selling 482 shares during the period. Absolute Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of ITA. Picton Mahoney Asset Management increased its position in iShares U.S. Aerospace & Defense ETF by 100.0% during the third quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock worth $159,000 after purchasing an additional 4,361,000 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $66,271,000. Modera Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $18,870,000. SPC Financial Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $14,639,000. Finally, Blue Chip Partners LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $11,216,000.

iShares U.S. Aerospace & Defense ETF Trading Up 0.4 %

iShares U.S. Aerospace & Defense ETF stock opened at $129.53 on Friday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The stock has a market cap of $6.00 billion, a P/E ratio of 29.25 and a beta of 0.63. The company has a 50-day moving average price of $128.61 and a 200 day moving average price of $122.53.

iShares U.S. Aerospace & Defense ETF 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).

See Also

Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITAFree Report).

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

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