Traction Financial Partners LLC Sells 112 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Traction Financial Partners LLC reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 2,150 shares of the company’s stock after selling 112 shares during the period. Traction Financial Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $329,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 14.4% in the fourth quarter. LPL Financial LLC now owns 1,113,861 shares of the company’s stock valued at $161,900,000 after acquiring an additional 140,085 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 14.9% in the fourth quarter. Wells Fargo & Company MN now owns 827,272 shares of the company’s stock valued at $120,244,000 after acquiring an additional 107,163 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 3.4% in the fourth quarter. Ameriprise Financial Inc. now owns 776,525 shares of the company’s stock valued at $112,878,000 after acquiring an additional 25,247 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at about $68,446,000. Finally, Commonwealth Equity Services LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 8.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 311,101 shares of the company’s stock worth $45,218,000 after purchasing an additional 25,265 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $179.08 on Wednesday. The company has a market capitalization of $7.67 billion, a PE ratio of 34.91 and a beta of 0.87. The company has a 50-day simple moving average of $161.55 and a two-hundred day simple moving average of $155.12. iShares U.S. Aerospace & Defense ETF has a one year low of $129.14 and a one year high of $183.23.

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).