2,473 iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by IFP Advisors Inc

IFP Advisors Inc lessened its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,334 shares of the company’s stock after selling 2,473 shares during the period. IFP Advisors Inc owned about 0.25% of iShares U.S. Aerospace & Defense ETF worth $22,445,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ITA. Bank of America Corp DE increased its holdings in iShares U.S. Aerospace & Defense ETF by 3.6% in the 1st quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock worth $655,807,000 after acquiring an additional 104,802 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 7.4% during the second quarter. Envestnet Asset Management Inc. now owns 749,574 shares of the company’s stock worth $198,932,000 after acquiring an additional 51,671 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 15.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 616,653 shares of the company’s stock valued at $149,489,000 after purchasing an additional 84,677 shares in the last quarter. Royal Bank of Canada lifted its holdings in iShares U.S. Aerospace & Defense ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 559,124 shares of the company’s stock valued at $122,308,000 after purchasing an additional 59,323 shares in the last quarter. Finally, Corient Private Wealth LP grew its position in shares of iShares U.S. Aerospace & Defense ETF by 665.9% in the second quarter. Corient Private Wealth LP now owns 251,407 shares of the company’s stock valued at $60,946,000 after purchasing an additional 218,581 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 1.0%

ITA stock opened at $209.07 on Friday. The stock has a market capitalization of $9.20 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm has a 50-day simple moving average of $222.69 and a 200-day simple moving average of $228.54. iShares U.S. Aerospace & Defense ETF has a 52 week low of $195.71 and a 52 week high of $256.60.

iShares U.S. Aerospace & Defense ETF’s stock is going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

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.