Prudential PLC trimmed its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 50.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,800 shares of the company’s stock after selling 38,500 shares during the quarter. Prudential PLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $8,115,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of ITA. BNP Paribas Financial Markets raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after purchasing an additional 450,652 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 201.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 495,315 shares of the company’s stock worth $103,650,000 after purchasing an additional 330,963 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 161.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after purchasing an additional 313,740 shares during the period. Dynasty Wealth Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth about $47,721,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after purchasing an additional 151,757 shares during the period.
iShares U.S. Aerospace & Defense ETF Price Performance
iShares U.S. Aerospace & Defense ETF stock opened at $229.45 on Friday. The stock’s 50-day moving average is $224.52 and its 200-day moving average is $224.99. The company has a market cap of $10.10 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $175.60 and a 12 month high of $250.65.
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). 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.
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