Bedell Frazier Investment Counselling LLC Decreases Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bedell Frazier Investment Counselling LLC reduced its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 87.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,478 shares of the company’s stock after selling 16,688 shares during the period. Bedell Frazier Investment Counselling LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ITA. Armstrong Advisory Group Inc. boosted its position in iShares U.S. Aerospace & Defense ETF by 200.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock valued at $28,000 after acquiring an additional 130 shares in the last quarter. Albion Financial Group UT purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth about $31,000. HHM Wealth Advisors LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 273.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock worth $33,000 after buying an additional 164 shares during the last quarter. Marshall Investment Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at $35,000. Finally, Manchester Capital Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at $39,000.

iShares U.S. Aerospace & Defense ETF Trading Up 3.4 %

Shares of ITA opened at $153.18 on Monday. The firm has a market cap of $6.29 billion, a PE ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 1-year low of $126.65 and a 1-year high of $160.18. The firm has a fifty day simple moving average of $154.00 and a two-hundred day simple moving average of $151.18.

iShares U.S. Aerospace & Defense ETF Company 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).