Bristlecone Advisors LLC Lowers Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bristlecone Advisors LLC cut its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,236 shares of the company’s stock after selling 465 shares during the quarter. Bristlecone Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,232,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. McElhenny Sheffield Capital Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at about $16,511,000. Benjamin Edwards Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 1,568.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 98,730 shares of the company’s stock worth $14,775,000 after acquiring an additional 92,813 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 11,712.6% in the 3rd quarter. Aptus Capital Advisors LLC now owns 73,829 shares of the company’s stock valued at $11,048,000 after acquiring an additional 73,204 shares in the last quarter. LPL Financial LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock valued at $145,716,000 after purchasing an additional 69,091 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 96.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 98,619 shares of the company’s stock worth $14,757,000 after purchasing an additional 48,545 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $156.46 on Monday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56. The company has a market cap of $7.35 billion, a P/E ratio of 29.96 and a beta of 0.60. The stock’s fifty day moving average price is $150.38 and its 200-day moving average price is $148.46.

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).