iShares U.S. Aerospace & Defense ETF $ITA Stake Trimmed by Tudor Financial Inc.

Tudor Financial Inc. lessened its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 54.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,835 shares of the company’s stock after selling 20,353 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up about 1.8% of Tudor Financial Inc.’s portfolio, making the stock its 10th biggest holding. Tudor Financial Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,081,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Bogart Wealth LLC boosted its position in iShares U.S. Aerospace & Defense ETF by 447.6% during the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after acquiring an additional 94 shares during the last quarter. Continuum Advisory LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $26,000. Clearstead Trust LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at about $28,000. SHP Wealth Management purchased a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $35,000. Finally, Ameriflex Group Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 59.8% in the 4th quarter. Ameriflex Group Inc. now owns 179 shares of the company’s stock worth $38,000 after purchasing an additional 67 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $225.98 on Friday. The stock’s fifty day moving average is $240.37 and its two-hundred day moving average is $233.64. The firm has a market capitalization of $9.94 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $194.59 and a fifty-two week high of $256.60.

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.