Raleigh Capital Management Inc. Sells 8,419 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Raleigh Capital Management Inc. cut its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 97.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 247 shares of the company’s stock after selling 8,419 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $36,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. McElhenny Sheffield Capital Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at $16,511,000. Benjamin Edwards Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1,568.6% during the third quarter. Benjamin Edwards Inc. now owns 98,730 shares of the company’s stock valued at $14,775,000 after buying an additional 92,813 shares during the last quarter. Millennium Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at about $11,693,000. Aptus Capital Advisors LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 11,712.6% during the third quarter. Aptus Capital Advisors LLC now owns 73,829 shares of the company’s stock worth $11,048,000 after acquiring an additional 73,204 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock worth $145,716,000 after acquiring an additional 69,091 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $158.43 on Friday. The stock has a market cap of $7.45 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $145.00 and a fifty-two week high of $206.56. The firm’s 50-day simple moving average is $149.51 and its 200 day simple moving average is $146.57.

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).