Janney Capital Management LLC Decreases Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Janney Capital Management LLC trimmed its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,784 shares of the company’s stock after selling 3,442 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises approximately 1.1% of Janney Capital Management LLC’s portfolio, making the stock its 23rd biggest position. Janney Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $16,539,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 66.0% in the 2nd quarter. Renaissance Technologies LLC now owns 17,600 shares of the company’s stock valued at $2,324,000 after buying an additional 7,000 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 7.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,659 shares of the company’s stock valued at $381,000 after acquiring an additional 183 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 14.6% during the second quarter. Bank of Montreal Can now owns 25,176 shares of the company’s stock worth $3,387,000 after purchasing an additional 3,205 shares during the last quarter. Insigneo Advisory Services LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 48.9% during the second quarter. Insigneo Advisory Services LLC now owns 7,047 shares of the company’s stock worth $952,000 after purchasing an additional 2,315 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth about $436,000.

iShares U.S. Aerospace & Defense ETF Stock Up 5.4 %

Shares of BATS ITA opened at $156.02 on Wednesday. The business has a 50-day moving average price of $149.50 and a 200 day moving average price of $146.33. The stock has a market cap of $7.33 billion, a PE 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.

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).