Fusion Capital LLC Sells 457 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Fusion Capital LLC decreased its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 9.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,358 shares of the company’s stock after selling 457 shares during the quarter. Fusion Capital LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $633,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Heritage Oak Wealth Advisors LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $1,601,000. Oppenheimer & Co. Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 40,599 shares of the company’s stock valued at $5,901,000 after buying an additional 597 shares during the period. NewEdge Wealth LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF by 1.0% during the fourth quarter. NewEdge Wealth LLC now owns 29,942 shares of the company’s stock valued at $4,352,000 after purchasing an additional 284 shares during the last quarter. Lake Street Advisors Group LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at approximately $1,460,000. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.6% during the 4th quarter. Bank of New York Mellon Corp now owns 5,727 shares of the company’s stock valued at $832,000 after purchasing an additional 201 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $152.25 on Friday. The company has a market cap of $6.33 billion, a price-to-earnings ratio of 29.80 and a beta of 1.02. The firm has a fifty day moving average price of $151.16 and a two-hundred day moving average price of $149.69. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56.

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).