Picton Mahoney Asset Management Sells 1,000 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Picton Mahoney Asset Management reduced its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 76.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 300 shares of the company’s stock after selling 1,000 shares during the quarter. Picton Mahoney Asset Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $44,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 8.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after acquiring an additional 23,100 shares in the last quarter. Assetmark Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 17.6% in the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock valued at $88,000 after buying an additional 91 shares in the last quarter. Tandem Financial LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at $2,169,000. Franklin Resources Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 34.8% in the third quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock valued at $76,000 after buying an additional 127 shares in the last quarter. Finally, FMR LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 23.2% in the third quarter. FMR LLC now owns 13,276 shares of the company’s stock valued at $1,987,000 after buying an additional 2,501 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 2.3 %

BATS:ITA opened at $151.45 on Monday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $126.52 and a 1-year high of $159.58. The firm has a fifty day simple moving average of $152.25 and a 200 day simple moving average of $150.34. The stock has a market capitalization of $6.22 billion, a PE ratio of 30.31 and a beta of 1.00.

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).