Janney Montgomery Scott LLC Sells 95,333 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Janney Montgomery Scott LLC lowered its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 33.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 188,154 shares of the company’s stock after selling 95,333 shares during the quarter. Janney Montgomery Scott LLC owned about 0.43% of iShares U.S. Aerospace & Defense ETF worth $41,159,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the 1st quarter valued at about $460,000. Goldman Sachs Group Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after purchasing an additional 151,757 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 298.7% during the second quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock valued at $118,000 after buying an additional 469 shares during the period. Quantbot Technologies LP bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at approximately $359,000. Finally, Cerity Partners LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 7.3% during the second quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock valued at $4,687,000 after buying an additional 1,688 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $236.78 on Monday. The business’s 50 day moving average price is $227.61 and its 200-day moving average price is $228.66. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $183.42 and a fifty-two week high of $250.65. The company has a market cap of $10.42 billion, a price-to-earnings 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.