Cary Street Partners Financial LLC Lowers Stake in iShares U.S. Aerospace & Defense ETF $ITA

Cary Street Partners Financial LLC cut its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 42.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,065 shares of the company’s stock after selling 11,730 shares during the quarter. Cary Street Partners Financial LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,362,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ITA. Envestnet Asset Management Inc. increased its position in iShares U.S. Aerospace & Defense ETF by 1,674.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after purchasing an additional 4,510,762 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 7.4% in the second quarter. Ameriprise Financial Inc. now owns 777,666 shares of the company’s stock worth $146,726,000 after acquiring an additional 53,710 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the second quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after acquiring an additional 450,652 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 16.2% in the 2nd quarter. Raymond James Financial Inc. now owns 523,826 shares of the company’s stock valued at $98,814,000 after acquiring an additional 73,117 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 201.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 495,315 shares of the company’s stock valued at $103,650,000 after acquiring an additional 330,963 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 0.7%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $242.82 on Friday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $246.22. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company has a fifty day moving average price of $231.76 and a 200 day moving average price of $214.11.

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.