Dynamic Advisor Solutions LLC Reduces Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Dynamic Advisor Solutions LLC lowered its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 32.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,933 shares of the company’s stock after selling 7,083 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,171,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Renaissance Technologies LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 66.0% during the second quarter. Renaissance Technologies LLC now owns 17,600 shares of the company’s stock valued at $2,324,000 after buying an additional 7,000 shares during the period. Bank of Montreal Can boosted its position in iShares U.S. Aerospace & Defense ETF by 14.6% during the 2nd quarter. Bank of Montreal Can now owns 25,176 shares of the company’s stock valued at $3,387,000 after acquiring an additional 3,205 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth approximately $436,000. Millennium Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $11,693,000. Finally, Chicago Wealth Management Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.1% in the 2nd quarter. Chicago Wealth Management Inc. now owns 73,176 shares of the company’s stock valued at $9,663,000 after purchasing an additional 2,187 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 5.8 %

Shares of ITA stock opened at $156.66 on Friday. The business’s fifty day moving average is $149.78 and its 200 day moving average is $146.91. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56.

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).