Herbst Group LLC reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 15.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 31,118 shares of the company’s stock after selling 5,670 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up about 2.8% of Herbst Group LLC’s holdings, making the stock its 11th largest holding. Herbst Group LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,523,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the stock. Fairscale Capital LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at $27,000. Armstrong Advisory Group Inc. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 200.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock valued at $28,000 after purchasing an additional 130 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $30,000. ORG Partners LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2,000.0% in the third quarter. ORG Partners LLC now owns 315 shares of the company’s stock valued at $47,000 after buying an additional 300 shares during the last quarter. Finally, Salem Investment Counselors Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 300.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock valued at $47,000 after purchasing an additional 240 shares during the last quarter.
iShares U.S. Aerospace & Defense ETF Stock Up 2.5 %
Shares of ITA stock opened at $151.76 on Friday. The stock has a 50-day moving average price of $149.61 and a 200 day moving average price of $146.11. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56. The firm has a market cap of $7.13 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.
iShares U.S. Aerospace & Defense ETF Company 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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Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report).
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