SPC Financial Inc. Sells 4,138 Shares of iShares U.S. Aerospace & Defense ETF $ITA

SPC Financial Inc. reduced its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.2% in the second quarter, Holdings Channel reports. The fund owned 126,831 shares of the company’s stock after selling 4,138 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up about 2.0% of SPC Financial Inc.’s portfolio, making the stock its 16th biggest position. SPC Financial Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $23,925,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Valley National Advisers Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 41.0% during the 2nd quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock valued at $38,000 after acquiring an additional 59 shares during the last quarter. Charter Oak Capital Management LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 1.3% during the 2nd quarter. Charter Oak Capital Management LLC now owns 4,525 shares of the company’s stock valued at $854,000 after buying an additional 60 shares during the period. Wealthspire Advisors LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 1.2% during the 1st quarter. Wealthspire Advisors LLC now owns 5,601 shares of the company’s stock valued at $857,000 after buying an additional 69 shares during the period. Magnus Financial Group LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 4.5% during the 2nd quarter. Magnus Financial Group LLC now owns 1,606 shares of the company’s stock valued at $303,000 after buying an additional 69 shares during the period. Finally, Nvwm LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 0.9% during the 1st quarter. Nvwm LLC now owns 8,322 shares of the company’s stock valued at $1,274,000 after buying an additional 76 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS:ITA opened at $206.04 on Friday. The stock’s fifty day moving average is $201.09 and its 200 day moving average is $181.74. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47. The firm has a market capitalization of $9.07 billion, a PE ratio of 34.35 and a beta of 0.87.

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).