According to the ETF Finder at ETF Channel, BEAV makes up 4.40% of the SPDR S&PAerospace & Defense ETF (XAR) which is up by about 1.3% on the day Friday.
In afternoon trading Friday, BEAV was up about 0.4% on the day.
The $6.4 billion deal between Rockwell Collins and B/E Aerospace is expected to be approved by the EU.
U.S. stock futures turn lower Thursday as oil prices stabilize after soaring during the previous session following OPEC's agreement to cut output; U.S. automakers release November sales.
Know which stocks are interest-rate sensitive and which don't care, says Jim Cramer.