Secure Asset Management LLC Trims Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Secure Asset Management LLC trimmed its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 10.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,690 shares of the company’s stock after selling 1,099 shares during the quarter. Secure Asset Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,408,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in ITA. LPL Financial LLC lifted 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 buying an additional 69,091 shares in the last quarter. Stifel Financial Corp increased its holdings in iShares U.S. Aerospace & Defense ETF by 1.2% during the 3rd quarter. Stifel Financial Corp now owns 305,078 shares of the company’s stock worth $45,657,000 after acquiring an additional 3,677 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares U.S. Aerospace & Defense ETF by 8.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after purchasing an additional 23,100 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 2.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock valued at $42,773,000 after purchasing an additional 7,522 shares during the period. Finally, Raymond James & Associates grew its position in shares of iShares U.S. Aerospace & Defense ETF by 8.8% during the 3rd quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock valued at $40,092,000 after purchasing an additional 21,721 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock opened at $158.43 on Friday. The company has a market capitalization of $7.45 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 moving average is $149.51 and its 200 day moving average is $146.57.

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).