Stephens Inc. AR Sells 290 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Stephens Inc. AR reduced its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,108 shares of the company’s stock after selling 290 shares during the quarter. Stephens Inc. AR’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,033,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ITA. Armstrong Advisory Group Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 200.0% in the 4th quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after acquiring an additional 130 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at approximately $30,000. Albion Financial Group UT bought a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth approximately $31,000. HHM Wealth Advisors LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 273.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock worth $33,000 after purchasing an additional 164 shares during the period. Finally, Hager Investment Management Services LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at $40,000.

iShares U.S. Aerospace & Defense ETF Trading Up 4.7 %

Shares of ITA stock opened at $155.11 on Friday. The stock has a market capitalization of $7.29 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. The stock has a fifty day simple moving average of $150.56 and a two-hundred day simple moving average of $148.76.

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).