iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Sold by Archer Investment Corp

Archer Investment Corp lessened its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 68.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 260 shares of the company’s stock after selling 557 shares during the quarter. Archer Investment Corp’s holdings in iShares U.S. Aerospace & Defense ETF were worth $33,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ITA. Picton Mahoney Asset Management boosted its stake in iShares U.S. Aerospace & Defense ETF by 100.0% during the 3rd quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock worth $159,000 after purchasing an additional 4,361,000 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $66,271,000. UBS Group AG boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 69.5% during the 1st quarter. UBS Group AG now owns 473,463 shares of the company’s stock valued at $52,455,000 after acquiring an additional 194,195 shares during the last quarter. Modera Wealth Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at about $18,870,000. Finally, Imprint Wealth LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $17,594,000.

iShares U.S. Aerospace & Defense ETF Trading Down 0.1 %

Shares of ITA stock opened at $127.47 on Thursday. The company’s 50-day moving average price is $128.11 and its 200-day moving average price is $121.40. The stock has a market cap of $5.91 billion, a price-to-earnings ratio of 29.25 and a beta of 0.63. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56.

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).