International Assets Investment Management LLC Decreases Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

International Assets Investment Management LLC decreased its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 17.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,222 shares of the company’s stock after selling 1,108 shares during the period. International Assets Investment Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $799,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Centerpoint Advisory Group bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth about $206,000. Cambridge Investment Research Advisors Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 17.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 104,852 shares of the company’s stock valued at $16,053,000 after buying an additional 15,715 shares in the last quarter. WealthCare Investment Partners LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 7.3% during the first quarter. WealthCare Investment Partners LLC now owns 46,288 shares of the company’s stock valued at $6,779,000 after buying an additional 3,156 shares in the last quarter. MinichMacGregor Wealth Management LLC lifted its holdings in iShares U.S. Aerospace & Defense ETF by 11.3% during the 1st quarter. MinichMacGregor Wealth Management LLC now owns 83,256 shares of the company’s stock worth $12,747,000 after buying an additional 8,441 shares during the last quarter. Finally, Inlight Wealth Management LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth approximately $60,000.

iShares U.S. Aerospace & Defense ETF Trading Up 22.9%

Shares of BATS ITA opened at $181.93 on Thursday. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $183.23. The business has a 50 day simple moving average of $169.33 and a 200-day simple moving average of $157.12.

iShares U.S. Aerospace & Defense ETF Company 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).