Migdal Insurance & Financial Holdings Ltd. trimmed its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 28.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 161,875 shares of the company’s stock after selling 64,872 shares during the period. iShares U.S. Aerospace & Defense ETF accounts for approximately 0.7% of Migdal Insurance & Financial Holdings Ltd.’s portfolio, making the stock its 29th largest position. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $35,157,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Planning Directions Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 71.1% during the second quarter. Planning Directions Inc. now owns 12,442 shares of the company’s stock worth $2,395,000 after purchasing an additional 5,171 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth approximately $315,000. Sunbelt Securities Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 10.6% during the second quarter. Sunbelt Securities Inc. now owns 6,360 shares of the company’s stock worth $1,224,000 after purchasing an additional 610 shares in the last quarter. Montecito Bank & Trust purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth approximately $849,000. Finally, MAI Capital Management increased its position in shares of iShares U.S. Aerospace & Defense ETF by 62.1% during the second quarter. MAI Capital Management now owns 13,175 shares of the company’s stock worth $2,536,000 after purchasing an additional 5,049 shares in the last quarter.

Shares of ITA opened at $193.13 on Thursday. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56.

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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).

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Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITA).

Institutional Ownership by Quarter for iShares U.S. Aerospace & Defense ETF (BATS:ITA)

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