iShares U.S. Aerospace & Defense ETF $ITA Stock Holdings Trimmed by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 68.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,112 shares of the company’s stock after selling 124,290 shares during the period. Bank of New York Mellon Corp owned about 0.13% of iShares U.S. Aerospace & Defense ETF worth $12,275,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. IMC Chicago LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth about $623,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at approximately $280,000. NFSG Corp raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 10.8% during the first quarter. NFSG Corp now owns 920 shares of the company’s stock valued at $201,000 after buying an additional 90 shares during the last quarter. Ellerson Group Inc. ADV raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 9.1% during the first quarter. Ellerson Group Inc. ADV now owns 5,354 shares of the company’s stock valued at $1,171,000 after buying an additional 445 shares during the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.4% during the first quarter. Sigma Planning Corp now owns 19,623 shares of the company’s stock valued at $4,292,000 after buying an additional 1,360 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA stock opened at $239.66 on Friday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $191.19 and a 12-month high of $251.49. The firm has a market capitalization of $10.55 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The business has a 50 day simple moving average of $236.16 and a 200 day simple moving average of $232.52.

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). 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.