Brookstone Capital Management lowered its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 19.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,452 shares of the company’s stock after selling 821 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $651,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of ITA. Kingstone Capital Partners Texas LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter worth approximately $34,118,000. Goldman Sachs Group Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after purchasing an additional 151,757 shares during the last quarter. Marks Wealth LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at approximately $12,539,000. Surience Private Wealth LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $12,663,000. Finally, Envestnet Asset Management Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 40.8% in the first quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock valued at $34,784,000 after purchasing an additional 65,889 shares during the last quarter.
iShares U.S. Aerospace & Defense ETF Stock Performance
Shares of ITA stock opened at $216.80 on Monday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47. The stock has a 50 day moving average price of $203.82 and a two-hundred day moving average price of $186.77. The company has a market capitalization of $9.54 billion, a P/E 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).
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