RFG Advisory LLC Sells 5,609 Shares of iShares U.S. Aerospace & Defense ETF $ITA

RFG Advisory LLC lowered its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 74.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,945 shares of the company’s stock after selling 5,609 shares during the quarter. RFG Advisory LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $425,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Morgan Stanley raised its stake in iShares U.S. Aerospace & Defense ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after buying an additional 171,385 shares during the period. Wells Fargo & Company MN raised its stake in iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after buying an additional 148,199 shares during the period. BNP Paribas Financial Markets boosted its holdings in iShares U.S. Aerospace & Defense ETF by 49.7% in the third quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock worth $190,950,000 after acquiring an additional 302,774 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 12.9% in the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after acquiring an additional 100,299 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $242.42 on Wednesday. The stock has a market capitalization of $10.67 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52 week low of $183.42 and a 52 week high of $250.65. The stock has a 50 day moving average price of $228.02 and a two-hundred day moving average price of $229.19.

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.