Richard Bernstein Advisors LLC Decreases Stake in iShares U.S. Aerospace & Defense ETF $ITA

Richard Bernstein Advisors LLC lowered its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 97.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 648 shares of the company’s stock after selling 24,442 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $139,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Physician Wealth Advisors Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after purchasing an additional 95 shares during the period. Optima Capital LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $28,000. Aventura Private Wealth LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $28,000. GHP Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $30,000. Finally, Wolff Wiese Magana LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $222.51 on Friday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $161.44 and a 1 year high of $250.65. The stock has a market capitalization of $9.79 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock has a 50-day simple moving average of $228.51 and a 200-day simple moving average of $223.00.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.