iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by MRA Advisory Group

MRA Advisory Group cut its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 10.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,109 shares of the company’s stock after selling 3,847 shares during the period. iShares U.S. Aerospace & Defense ETF comprises about 2.6% of MRA Advisory Group’s holdings, making the stock its 12th largest holding. MRA Advisory Group owned about 0.08% of iShares U.S. Aerospace & Defense ETF worth $7,067,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of ITA. Baird Financial Group Inc. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 6.2% during the second quarter. Baird Financial Group Inc. now owns 111,570 shares of the company’s stock worth $27,047,000 after purchasing an additional 6,493 shares in the last quarter. NewEdge Advisors LLC increased its position in iShares U.S. Aerospace & Defense ETF by 27.0% during the second quarter. NewEdge Advisors LLC now owns 58,393 shares of the company’s stock worth $14,156,000 after buying an additional 12,426 shares during the period. Old Mission Investment Co LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $679,000. Tepp RIA LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 389.7% in the first quarter. Tepp RIA LLC now owns 8,814 shares of the company’s stock valued at $1,928,000 after acquiring an additional 7,014 shares during the period. Finally, Clearwave Capital LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $906,000.

iShares U.S. Aerospace & Defense ETF Stock Down 1.8%

BATS:ITA traded down $3.72 during trading hours on Wednesday, reaching $204.54. 535,840 shares of the company’s stock were exchanged, compared to its average volume of 944,210. iShares U.S. Aerospace & Defense ETF has a 1-year low of $195.71 and a 1-year high of $256.60. The firm has a market capitalization of $9.00 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company has a 50-day moving average of $229.06 and a 200 day moving average of $229.54.

iShares U.S. Aerospace & Defense ETF shares are scheduled to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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.