iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Arrien Investments Inc.

Arrien Investments Inc. cut its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,274 shares of the company’s stock after selling 2,236 shares during the period. iShares U.S. Aerospace & Defense ETF accounts for about 5.3% of Arrien Investments Inc.’s investment portfolio, making the stock its 6th largest position. Arrien Investments Inc. owned approximately 0.10% of iShares U.S. Aerospace & Defense ETF worth $9,055,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. AQR Capital Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter valued at about $460,000. Goldman Sachs Group Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after purchasing an additional 151,757 shares during the period. Janney Montgomery Scott LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 4.8% during the second quarter. Janney Montgomery Scott LLC now owns 54,692 shares of the company’s stock valued at $10,317,000 after purchasing an additional 2,501 shares during the period. Capital Investment Advisors LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 15.7% in the second quarter. Capital Investment Advisors LLC now owns 2,977 shares of the company’s stock valued at $562,000 after purchasing an additional 403 shares in the last quarter. Finally, Truist Financial Corp lifted its position in iShares U.S. Aerospace & Defense ETF by 12.2% in the second quarter. Truist Financial Corp now owns 179,125 shares of the company’s stock worth $33,790,000 after purchasing an additional 19,425 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $232.71 on Friday. The company has a market capitalization of $10.24 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a one year low of $129.14 and a one year high of $198.47. The business has a 50 day simple moving average of $218.99 and a 200 day simple moving average of $208.58.

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). 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.