SPC Financial Inc. Lowers Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

SPC Financial Inc. decreased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,621 shares of the company’s stock after selling 7,367 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up 1.7% of SPC Financial Inc.’s portfolio, making the stock its 22nd biggest holding. SPC Financial Inc. owned 0.28% of iShares U.S. Aerospace & Defense ETF worth $19,546,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. SeaCrest Wealth Management LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 1.0% in the third quarter. SeaCrest Wealth Management LLC now owns 7,021 shares of the company’s stock valued at $1,051,000 after acquiring an additional 70 shares in the last quarter. Octavia Wealth Advisors LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 2.7% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 2,770 shares of the company’s stock valued at $366,000 after acquiring an additional 73 shares during the last quarter. Means Investment CO. Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 2.7% in the 2nd quarter. Means Investment CO. Inc. now owns 2,852 shares of the company’s stock worth $377,000 after purchasing an additional 75 shares in the last quarter. Essex Financial Services Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 1.1% in the 2nd quarter. Essex Financial Services Inc. now owns 6,880 shares of the company’s stock worth $909,000 after purchasing an additional 77 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 4.6% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,785 shares of the company’s stock valued at $236,000 after purchasing an additional 78 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 1.1 %

Shares of ITA stock opened at $154.69 on Thursday. The stock has a market capitalization of $7.27 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The stock’s 50-day moving average price is $146.10 and its 200-day moving average price is $138.02.

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).