iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. lessened its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 65.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,590 shares of the company’s stock after selling 4,896 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 1,674.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after purchasing an additional 4,510,762 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in iShares U.S. Aerospace & Defense ETF by 49.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock worth $190,950,000 after purchasing an additional 302,774 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 12.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after acquiring an additional 100,299 shares during the last quarter. UBS Group AG boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 20.1% during the 3rd quarter. UBS Group AG now owns 728,077 shares of the company’s stock valued at $152,357,000 after acquiring an additional 121,945 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 16.2% during the 2nd quarter. Raymond James Financial Inc. now owns 523,826 shares of the company’s stock valued at $98,814,000 after acquiring an additional 73,117 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 1.5%

Shares of ITA stock opened at $225.20 on Tuesday. The company’s 50-day moving average price is $233.03 and its 200-day moving average price is $220.56. The stock has a market cap of $9.91 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $250.65.

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.