iShares U.S. Aerospace & Defense ETF $ITA Stock Position Lessened by MRA Advisory Group

MRA Advisory Group reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 10.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 34,109 shares of the company’s stock after selling 3,847 shares during the period. iShares U.S. Aerospace & Defense ETF comprises approximately 2.6% of MRA Advisory Group’s holdings, making the stock its 12th biggest holding. MRA Advisory Group’s holdings in iShares U.S. Aerospace & Defense ETF were worth $7,067,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ITA. Horizons Wealth Management acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $51,000. CX Institutional boosted its holdings in iShares U.S. Aerospace & Defense ETF by 19.4% in the third quarter. CX Institutional now owns 28,767 shares of the company’s stock valued at $5,960,000 after acquiring an additional 4,683 shares during the last quarter. Planning Strategies Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 49.8% during the third quarter. Planning Strategies Inc. now owns 1,873 shares of the company’s stock valued at $388,000 after acquiring an additional 623 shares during the period. Stairway Partners LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $11,561,000. Finally, Versant Capital Management Inc acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $237,000.

iShares U.S. Aerospace & Defense ETF Stock Down 1.8%

Shares of BATS ITA traded down $3.72 during midday trading on Wednesday, hitting $204.54. The stock had a trading volume of 535,840 shares, compared to its average volume of 944,210. iShares U.S. Aerospace & Defense ETF has a 1-year low of $195.71 and a 1-year high of $256.60. The company has a market capitalization of $9.00 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company has a fifty day moving average price of $229.06 and a 200 day moving average price of $229.54.

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

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). 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.