Planning Directions Inc. Decreases Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Planning Directions Inc. reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,277 shares of the company’s stock after selling 567 shares during the period. iShares U.S. Aerospace & Defense ETF makes up approximately 0.9% of Planning Directions Inc.’s holdings, making the stock its 23rd largest holding. Planning Directions Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $950,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ITA. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at $8,966,000. Envestnet Asset Management Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 46.9% during the third quarter. Envestnet Asset Management Inc. now owns 119,765 shares of the company’s stock worth $26,911,000 after buying an additional 38,264 shares in the last quarter. Citadel Advisors LLC grew its position in iShares U.S. Aerospace & Defense ETF by 112.2% during the second quarter. Citadel Advisors LLC now owns 45,117 shares of the company’s stock worth $9,665,000 after buying an additional 23,854 shares in the last quarter. UBS Group AG grew its position in iShares U.S. Aerospace & Defense ETF by 5.7% during the second quarter. UBS Group AG now owns 283,434 shares of the company’s stock worth $60,714,000 after buying an additional 15,403 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 12.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 118,204 shares of the company’s stock worth $25,321,000 after buying an additional 12,736 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF stock traded up $0.31 during midday trading on Tuesday, hitting $230.74. 26,902 shares of the company’s stock were exchanged. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56. The stock has a 50-day moving average price of $227.44 and a two-hundred day moving average price of $222.03.

The company also recently declared a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.5755 per share. This represents a $2.30 annualized dividend and a yield of 1.00%. The ex-dividend date was Monday, December 30th.

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).

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Want to see what other hedge funds are holding ITA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Aerospace & Defense ETF (BATS:ITA).

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

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