iShares U.S. Aerospace & Defense ETF $ITA Position Cut by Arrien Investments Inc.

Arrien Investments Inc. decreased its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 38.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,876 shares of the company’s stock after selling 12,406 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises approximately 2.1% of Arrien Investments Inc.’s portfolio, making the stock its 13th biggest holding. Arrien Investments Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,118,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LP boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 665.9% during the 2nd quarter. Corient Private Wealth LP now owns 251,407 shares of the company’s stock worth $60,946,000 after purchasing an additional 218,581 shares in the last quarter. Waverly Advisors LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 792.3% in the 2nd quarter. Waverly Advisors LLC now owns 164,982 shares of the company’s stock valued at $39,995,000 after purchasing an additional 146,492 shares in the last quarter. Diversify Wealth Management LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1,136.4% in the 1st quarter. Diversify Wealth Management LLC now owns 140,861 shares of the company’s stock valued at $30,023,000 after purchasing an additional 129,468 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.6% in the first quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock valued at $655,807,000 after purchasing an additional 104,802 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 15.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 616,653 shares of the company’s stock valued at $149,489,000 after purchasing an additional 84,677 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 1.5%

ITA stock opened at $212.84 on Thursday. The company has a market cap of $9.36 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52 week low of $195.71 and a 52 week high of $256.60. The company’s 50-day moving average price is $213.49 and its 200 day moving average price is $228.78.

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.