Beacon Capital Management LLC lowered its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 64.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207 shares of the company’s stock after selling 383 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $27,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Lindbrook Capital LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 100.0% during the 4th quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock valued at $25,000 after buying an additional 100 shares in the last quarter. Cultivar Capital Inc. purchased a new position in iShares U.S. Aerospace & Defense ETF during the second quarter valued at $27,000. Opal Wealth Advisors LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at $28,000. Fifth Third Bancorp purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth $29,000. Finally, Tortoise Investment Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $30,000.
iShares U.S. Aerospace & Defense ETF Stock Up 0.6 %
Shares of iShares U.S. Aerospace & Defense ETF stock opened at $144.81 on Friday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The business has a 50-day moving average price of $137.00 and a 200-day moving average price of $132.80. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.
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).
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