Arkadios Wealth Advisors Decreases Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Arkadios Wealth Advisors cut its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 16.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 35,855 shares of the company’s stock after selling 7,307 shares during the period. Arkadios Wealth Advisors owned approximately 0.08% of iShares U.S. Aerospace & Defense ETF worth $7,503,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ITA. Park Avenue Securities LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 2,172.2% during the 3rd quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock valued at $101,136,000 after acquiring an additional 462,031 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after purchasing an additional 450,652 shares during the last quarter. CWM LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 1,470.8% during the third quarter. CWM LLC now owns 437,468 shares of the company’s stock worth $91,545,000 after acquiring an additional 409,618 shares during the last quarter. JB Capital LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter valued at approximately $33,103,000. Finally, Goldman Sachs Group Inc. boosted its position in iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after acquiring an additional 151,757 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $237.75 on Wednesday. The company’s 50 day simple moving average is $214.62 and its 200 day simple moving average is $206.55. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47. The firm has a market capitalization of $10.46 billion, a PE ratio of 34.35 and a beta of 0.87.

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). 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.