Ferguson Wellman Capital Management Inc. Trims Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Ferguson Wellman Capital Management Inc. lowered its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,927 shares of the company’s stock after selling 8,220 shares during the period. Ferguson Wellman Capital Management Inc. owned 0.18% of iShares U.S. Aerospace & Defense ETF worth $12,344,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. MFA Wealth Advisors LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 7.6% during the fourth quarter. MFA Wealth Advisors LLC now owns 16,275 shares of the company’s stock worth $2,366,000 after buying an additional 1,151 shares during the period. Angeles Wealth Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at approximately $73,000. Newbridge Financial Services Group Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $81,000. Kestra Private Wealth Services LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 4.6% during the 4th quarter. Kestra Private Wealth Services LLC now owns 18,617 shares of the company’s stock worth $2,706,000 after acquiring an additional 815 shares during the period. Finally, Advisors Preferred LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $535,000.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $156.46 on Monday. The business has a 50 day simple moving average of $150.38 and a 200-day simple moving average of $148.46. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56. The stock has a market capitalization of $7.35 billion, a PE ratio of 29.96 and a beta of 0.60.

iShares U.S. Aerospace & Defense ETF 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).