Dumont & Blake Investment Advisors LLC Decreases Stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Dumont & Blake Investment Advisors LLC reduced its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 0.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,920 shares of the company’s stock after selling 94 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,587,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. LPL Financial LLC grew its position 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 buying an additional 69,091 shares during the last quarter. Stifel Financial Corp grew its position in shares of iShares U.S. Aerospace & Defense ETF by 1.2% in the 3rd quarter. Stifel Financial Corp now owns 305,078 shares of the company’s stock worth $45,657,000 after buying an additional 3,677 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 8.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after buying an additional 23,100 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 2.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock worth $42,773,000 after buying an additional 7,522 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of iShares U.S. Aerospace & Defense ETF by 8.8% in the 3rd quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock worth $40,092,000 after buying an additional 21,721 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock opened at $157.36 on Friday. The firm has a market cap of $7.40 billion, a P/E 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 business’s 50 day moving average price is $150.09 and its 200-day moving average price is $147.42.

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).