Axxcess Wealth Management LLC Sells 1,092 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Axxcess Wealth Management LLC cut its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 16.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,543 shares of the company’s stock after selling 1,092 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $702,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ITA. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $66,271,000. Royal Bank of Canada grew its holdings in iShares U.S. Aerospace & Defense ETF by 5.7% during the 3rd quarter. Royal Bank of Canada now owns 457,574 shares of the company’s stock worth $48,489,000 after acquiring an additional 24,877 shares during the last quarter. Stifel Financial Corp increased its position in iShares U.S. Aerospace & Defense ETF by 25.9% in the 3rd quarter. Stifel Financial Corp now owns 265,991 shares of the company’s stock valued at $28,189,000 after acquiring an additional 54,676 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 264,116 shares of the company’s stock worth $33,437,000 after acquiring an additional 8,322 shares during the last quarter. Finally, Raymond James & Associates raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 14.5% in the fourth quarter. Raymond James & Associates now owns 187,304 shares of the company’s stock worth $23,713,000 after acquiring an additional 23,775 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $133.57 on Tuesday. The stock has a market capitalization of $6.28 billion, a P/E ratio of 29.96 and a beta of 0.60. The company’s 50 day simple moving average is $129.29 and its 200-day simple moving average is $123.57. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year 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).