iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC cut its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,288 shares of the company’s stock after selling 3,726 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises about 5.3% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its biggest position. Cadent Capital Advisors LLC owned 0.22% of iShares U.S. Aerospace & Defense ETF worth $20,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of ITA. N.E.W. Advisory Services LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 37.4% in the third quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after buying an additional 46 shares during the period. Armstrong Advisory Group Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 20.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 280 shares of the company’s stock valued at $60,000 after buying an additional 47 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 0.3% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock valued at $3,188,000 after buying an additional 51 shares during the period. Lee Johnson Capital Management LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 0.6% during the 3rd quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock worth $1,899,000 after acquiring an additional 52 shares in the last quarter. Finally, Allen Capital Group LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 0.9% during the 3rd quarter. Allen Capital Group LLC now owns 5,753 shares of the company’s stock worth $1,204,000 after acquiring an additional 53 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 2.5%

BATS ITA opened at $220.12 on Friday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $250.65. The business has a 50 day moving average price of $235.66 and a two-hundred day moving average price of $219.31. The stock has a market cap of $9.69 billion, a PE ratio of 34.35 and a beta of 0.87.

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). 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.