Cetera Advisors LLC Trims Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cetera Advisors LLC decreased its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 13.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 85,053 shares of the company’s stock after selling 13,018 shares during the quarter. Cetera Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $11,221,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Janney Montgomery Scott LLC increased its position in iShares U.S. Aerospace & Defense ETF by 10.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,928 shares of the company’s stock worth $7,461,000 after purchasing an additional 5,605 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 528.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 44,193 shares of the company’s stock valued at $5,595,000 after buying an additional 37,156 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 41.3% during the 4th quarter. Stephens Inc. AR now owns 11,264 shares of the company’s stock worth $1,426,000 after purchasing an additional 3,293 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 63.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after buying an additional 184,937 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 86.2% in the 4th quarter. Fisher Asset Management LLC now owns 18,306 shares of the company’s stock valued at $2,318,000 after purchasing an additional 8,472 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 3.0 %

ITA traded down $4.29 during trading on Friday, hitting $137.19. 717,881 shares of the company’s stock were exchanged. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56. The stock has a 50 day moving average price of $135.21 and a 200 day moving average price of $130.74. The firm has a market cap of $6.45 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).