27,852 iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC lowered its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 30.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,327 shares of the company’s stock after selling 27,852 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises about 2.9% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Cadent Capital Advisors LLC owned approximately 0.14% of iShares U.S. Aerospace & Defense ETF worth $13,120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ITA. Bank of America Corp DE raised its holdings in iShares U.S. Aerospace & Defense ETF by 3.6% during the first quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock valued at $655,807,000 after buying an additional 104,802 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares U.S. Aerospace & Defense ETF by 7.4% during the second quarter. Envestnet Asset Management Inc. now owns 749,574 shares of the company’s stock worth $198,932,000 after purchasing an additional 51,671 shares during the period. MML Investors Services LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. MML Investors Services LLC now owns 725,035 shares of the company’s stock valued at $155,658,000 after purchasing an additional 74,883 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 15.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 616,653 shares of the company’s stock valued at $149,489,000 after purchasing an additional 84,677 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 559,124 shares of the company’s stock worth $122,308,000 after buying an additional 59,323 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 0.6%

ITA traded up $1.32 during trading on Friday, hitting $206.20. The stock had a trading volume of 210,660 shares, compared to its average volume of 944,208. The firm has a market cap of $9.07 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $195.71 and a 12 month high of $256.60. The company has a 50 day simple moving average of $227.74 and a 200-day simple moving average of $229.24.

iShares U.S. Aerospace & Defense ETF shares are going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Wednesday, November 4th.

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). 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.