Raleigh Capital Management Inc. Sells 8,419 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Raleigh Capital Management Inc. decreased its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 97.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 247 shares of the company’s stock after selling 8,419 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $36,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Armstrong Advisory Group Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 200.0% during the fourth quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after buying an additional 130 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth about $30,000. Albion Financial Group UT bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth about $31,000. ORG Partners LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 2,000.0% in the 3rd quarter. ORG Partners LLC now owns 315 shares of the company’s stock valued at $47,000 after purchasing an additional 300 shares during the period. Finally, Salem Investment Counselors Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 300.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 320 shares of the company’s stock valued at $47,000 after purchasing an additional 240 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $158.43 on Friday. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The business has a 50 day simple moving average of $149.51 and a 200 day simple moving average of $146.57. The stock has a market capitalization of $7.45 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).