iShares U.S. Aerospace & Defense ETF (BATS:ITA) Position Lessened by Highline Wealth Partners LLC

Highline Wealth Partners LLC lowered its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 923 shares of the company’s stock after selling 117 shares during the quarter. Highline Wealth Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $134,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairscale Capital LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth about $27,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at approximately $30,000. ORG Partners LLC increased its position in iShares U.S. Aerospace & Defense ETF by 2,000.0% in the 3rd quarter. ORG Partners LLC now owns 315 shares of the company’s stock valued at $47,000 after acquiring an additional 300 shares during the period. Hollencrest Capital Management boosted its position in iShares U.S. Aerospace & Defense ETF by 29.1% during the 3rd quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock worth $50,000 after acquiring an additional 75 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 34.8% in the third quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock worth $76,000 after purchasing an additional 127 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS ITA traded up $1.16 during midday trading on Friday, reaching $146.00. 598,826 shares of the company traded hands. The company has a market cap of $6.86 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The stock has a 50-day moving average price of $149.72 and a 200 day moving average price of $145.37. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56.

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).