Mercer Global Advisors Inc. ADV Sells 3,854 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Mercer Global Advisors Inc. ADV lessened its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,927 shares of the company’s stock after selling 3,854 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.17% of iShares U.S. Aerospace & Defense ETF worth $10,818,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Global Assets Advisory LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $111,303,000. Envestnet Asset Management Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after acquiring an additional 184,937 shares in the last quarter. Cetera Investment Advisers grew its position in iShares U.S. Aerospace & Defense ETF by 223.8% during the 1st quarter. Cetera Investment Advisers now owns 205,647 shares of the company’s stock worth $27,131,000 after acquiring an additional 142,141 shares during the last quarter. Wells Fargo & Company MN increased its holdings in iShares U.S. Aerospace & Defense ETF by 18.0% during the 4th quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock valued at $90,801,000 after purchasing an additional 109,357 shares in the last quarter. Finally, Cadent Capital Advisors LLC raised its position in iShares U.S. Aerospace & Defense ETF by 198.3% in the 1st quarter. Cadent Capital Advisors LLC now owns 96,660 shares of the company’s stock valued at $12,752,000 after purchasing an additional 64,260 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $147.54 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56. The firm has a market cap of $6.93 billion, a P/E ratio of 29.96 and a beta of 0.60. The business’s fifty day moving average is $141.38 and its two-hundred day moving average is $135.22.

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).