Cadent Capital Advisors LLC Boosts Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Cadent Capital Advisors LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 109,706 shares of the company’s stock after purchasing an additional 6,321 shares during the period. iShares U.S. Aerospace & Defense ETF comprises about 5.5% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Cadent Capital Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $15,946,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 300.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock worth $47,000 after buying an additional 240 shares during the period. Capital Investment Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 31.6% during the 4th quarter. Capital Investment Advisors LLC now owns 2,573 shares of the company’s stock worth $374,000 after acquiring an additional 618 shares during the last quarter. Avondale Wealth Management increased its stake in iShares U.S. Aerospace & Defense ETF by 81.9% in the fourth quarter. Avondale Wealth Management now owns 7,050 shares of the company’s stock valued at $1,025,000 after purchasing an additional 3,175 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth $917,000. Finally, Confluence Investment Management LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 1.8% during the fourth quarter. Confluence Investment Management LLC now owns 41,178 shares of the company’s stock worth $5,985,000 after purchasing an additional 718 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Down 0.6 %

Shares of ITA traded down $0.92 during trading hours on Monday, reaching $145.08. The stock had a trading volume of 1,140,238 shares. The company has a market cap of $6.82 billion, a P/E ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The firm has a 50-day moving average of $149.75 and a 200 day moving average of $145.64.

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).