Interchange Capital Partners LLC Trims Stake in iShares U.S. Aerospace & Defense ETF $ITA

Interchange Capital Partners LLC trimmed its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,215 shares of the company’s stock after selling 84 shares during the period. Interchange Capital Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Wealth Asset Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth $38,000. Valley National Advisers Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 41.0% in the 2nd quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock worth $38,000 after buying an additional 59 shares during the period. 1 North Wealth Services LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $32,000. MassMutual Private Wealth & Trust FSB bought a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth $39,000. Finally, Copia Wealth Management boosted its holdings in iShares U.S. Aerospace & Defense ETF by 37.1% in the 2nd quarter. Copia Wealth Management now owns 233 shares of the company’s stock worth $44,000 after buying an additional 63 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $216.80 on Friday. The company has a market capitalization of $9.54 billion, a P/E ratio of 34.35 and a beta of 0.87. The company has a fifty day moving average of $203.82 and a 200 day moving average of $186.51. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47.

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).