Fifth Third Securities Inc. Sells 16,549 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Fifth Third Securities Inc. cut its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 34.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,179 shares of the company’s stock after selling 16,549 shares during the period. Fifth Third Securities Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,245,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Global Assets Advisory LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter worth about $111,303,000. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $66,271,000. BNP Paribas Financial Markets raised its position in shares of iShares U.S. Aerospace & Defense ETF by 511.0% in the fourth quarter. BNP Paribas Financial Markets now owns 299,903 shares of the company’s stock worth $37,968,000 after buying an additional 250,820 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 63.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after buying an additional 184,937 shares during the period. Finally, Modera Wealth Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter valued at $18,870,000.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA traded down $0.72 during trading on Monday, reaching $132.05. The company’s stock had a trading volume of 239,570 shares. The firm has a fifty day moving average of $133.72 and a 200 day moving average of $128.81. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The stock has a market capitalization of $6.21 billion, a PE ratio of 29.96 and a beta of 0.60.

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).