Prudential PLC Trims Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Prudential PLC cut its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 50.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,800 shares of the company’s stock after selling 38,500 shares during the quarter. Prudential PLC owned about 0.09% of iShares U.S. Aerospace & Defense ETF worth $8,115,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. lifted its position 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 period. Optima Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $28,000. Aventura Private Wealth LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $28,000. GHP Investment Advisors Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $30,000. Finally, Wolff Wiese Magana LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 0.9%

BATS ITA opened at $229.45 on Friday. The business’s 50-day moving average price is $224.52 and its 200 day moving average price is $224.99. iShares U.S. Aerospace & Defense ETF has a twelve month low of $175.60 and a twelve month high of $250.65. The company has a market capitalization of $10.10 billion, a PE ratio of 34.35 and a beta of 0.87.

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.