Ameritas Advisory Services LLC Cuts Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Ameritas Advisory Services LLC trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 40.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,987 shares of the company’s stock after selling 2,667 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $856,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ITA. Physician Wealth Advisors Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares during the period. Aventura Private Wealth LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. Optima Capital LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $30,000. Finally, Wolff Wiese Magana LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 3.2%

BATS:ITA opened at $217.27 on Friday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $168.44 and a 12 month high of $250.65. The firm has a fifty day simple moving average of $225.95 and a 200-day simple moving average of $223.37. The company has a market capitalization of $9.56 billion, a P/E ratio of 34.35 and a beta of 0.87.

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.