Bedell Frazier Investment Counselling LLC Reduces Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bedell Frazier Investment Counselling LLC lowered its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 48.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,166 shares of the company’s stock after selling 18,153 shares during the quarter. Bedell Frazier Investment Counselling LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,868,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.6% in the third quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock worth $145,716,000 after purchasing an additional 69,091 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2.7% in the third quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock worth $42,773,000 after purchasing an additional 7,522 shares during the period. Raymond James & Associates increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.8% in the third quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock worth $40,092,000 after purchasing an additional 21,721 shares during the period. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.5% in the second quarter. Cetera Investment Advisers now owns 221,043 shares of the company’s stock worth $29,189,000 after purchasing an additional 15,396 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 19.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 193,869 shares of the company’s stock worth $25,600,000 after purchasing an additional 31,969 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 1.0 %

ITA opened at $154.51 on Monday. The stock has a market cap of $7.26 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The business’s fifty day simple moving average is $150.56 and its 200 day simple moving average is $142.20.

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).