TAP Consulting LLC Sells 9,456 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

TAP Consulting LLC lowered its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 35.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,575 shares of the company’s stock after selling 9,456 shares during the quarter. TAP Consulting LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,630,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Octavia Wealth Advisors LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 2.7% during the second quarter. Octavia Wealth Advisors LLC now owns 2,770 shares of the company’s stock worth $366,000 after acquiring an additional 73 shares during the period. Means Investment CO. Inc. lifted its holdings in shares of 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 buying an additional 75 shares during the period. Essex Financial Services Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.1% during the second quarter. Essex Financial Services Inc. now owns 6,880 shares of the company’s stock valued at $909,000 after buying an additional 77 shares during the period. Capital Investment Advisors LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 4.6% in the second quarter. Capital Investment Advisors LLC now owns 1,785 shares of the company’s stock valued at $236,000 after acquiring an additional 78 shares in the last quarter. Finally, Cypress Asset Management Inc. TX lifted its stake in iShares U.S. Aerospace & Defense ETF by 0.9% in the first quarter. Cypress Asset Management Inc. TX now owns 8,428 shares of the company’s stock worth $1,125,000 after acquiring an additional 79 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA traded down $1.45 during trading hours on Friday, hitting $150.39. The company’s stock had a trading volume of 283,162 shares. The firm’s fifty day moving average price is $145.07 and its 200 day moving average price is $137.47. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).