Picton Mahoney Asset Management Sells 1,000 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Picton Mahoney Asset Management reduced its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 76.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 300 shares of the company’s stock after selling 1,000 shares during the period. Picton Mahoney Asset Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.7% during the third quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after purchasing an additional 23,100 shares during the last quarter. Assetmark Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 17.6% during the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $88,000 after purchasing an additional 91 shares during the last quarter. Tandem Financial LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $2,169,000. Franklin Resources Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 34.8% during the third quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock worth $76,000 after purchasing an additional 127 shares during the last quarter. Finally, FMR LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 23.2% during the third quarter. FMR LLC now owns 13,276 shares of the company’s stock worth $1,987,000 after purchasing an additional 2,501 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 2.3 %

BATS:ITA opened at $151.45 on Monday. The stock’s 50-day moving average is $152.25 and its 200-day moving average is $150.34. iShares U.S. Aerospace & Defense ETF has a 1-year low of $126.52 and a 1-year high of $159.58. The stock has a market cap of $6.22 billion, a P/E ratio of 30.31 and a beta of 1.00.

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).