Commerce Bank Sells 300 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Commerce Bank decreased its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,024 shares of the company’s stock after selling 300 shares during the quarter. Commerce Bank’s holdings in iShares U.S. Aerospace & Defense ETF were worth $752,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ITA. Asset Dedication LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $25,000. Cultivar Capital Inc. bought a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at $27,000. Fairscale Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth $27,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth $28,000. Finally, Fifth Third Bancorp purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $29,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $152.87 on Tuesday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $145.00 and a fifty-two week high of $206.56. The firm’s 50-day simple moving average is $150.56 and its 200 day simple moving average is $142.20. The stock has a market cap of $7.18 billion, a PE 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).