Wedbush Securities Inc. Trims Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Wedbush Securities Inc. trimmed its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,658 shares of the company’s stock after selling 302 shares during the period. Wedbush Securities Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,855,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ITA. Northern Trust Corp boosted its holdings in iShares U.S. Aerospace & Defense ETF by 7.1% in the 4th quarter. Northern Trust Corp now owns 1,382 shares of the company’s stock valued at $239,000 after purchasing an additional 92 shares during the period. Principal Financial Group Inc. bought a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $426,000. Millennium Management LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $3,983,000. Deutsche Bank AG bought a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $86,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $278,000.

BATS:ITA traded down $4.12 during trading hours on Wednesday, hitting $209.23. The stock had a trading volume of 82,434 shares. The business’s 50 day moving average price is $214.95. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year 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).

See Also: Intrinsic Value and Stock Selection

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Institutional Ownership by Quarter for iShares U.S. Aerospace & Defense ETF (BATS:ITA)

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