Raab & Moskowitz Asset Management LLC Sells 743 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Raab & Moskowitz Asset Management LLC cut its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,610 shares of the company’s stock after selling 743 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,106,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ITA. Armstrong Advisory Group Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 200.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 195 shares of the company’s stock worth $28,000 after purchasing an additional 130 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $30,000. Albion Financial Group UT bought a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth approximately $31,000. HHM Wealth Advisors LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 273.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 224 shares of the company’s stock worth $33,000 after acquiring an additional 164 shares in the last quarter. Finally, Hager Investment Management Services LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $40,000.

iShares U.S. Aerospace & Defense ETF Stock Up 5.6 %

Shares of BATS:ITA opened at $156.31 on Thursday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56. The stock’s 50 day moving average is $150.56 and its 200-day moving average is $148.76. The firm has a market capitalization of $7.35 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).