Kraft Davis & Associates LLC Reduces Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Kraft Davis & Associates LLC decreased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,577 shares of the company’s stock after selling 222 shares during the period. Kraft Davis & Associates LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of ITA. Assetmark Inc. boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 17.6% in the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $88,000 after purchasing an additional 91 shares during the period. NBC Securities Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter valued at $132,000. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 9.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 133,627 shares of the company’s stock worth $20,458,000 after buying an additional 11,768 shares during the period. Northern Trust Corp purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $585,000. Finally, D. E. Shaw & Co. Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth $1,917,000.

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

BATS:ITA opened at $181.93 on Thursday. The business’s 50-day simple moving average is $169.33 and its two-hundred day simple moving average is $157.12. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $183.23. The stock has a market cap of $8.00 billion, a PE ratio of 34.35 and a beta of 0.87.

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).