5th Street Advisors LLC Has $5.61 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

5th Street Advisors LLC cut its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 17.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,729 shares of the company’s stock after selling 6,255 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up 2.8% of 5th Street Advisors LLC’s portfolio, making the stock its 12th largest position. 5th Street Advisors LLC owned 0.07% of iShares U.S. Aerospace & Defense ETF worth $5,608,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Wealth Asset Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at $38,000. Valley National Advisers Inc. increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 41.0% in the second quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock valued at $38,000 after buying an additional 59 shares in the last quarter. 1 North Wealth Services LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at $32,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at $39,000. Finally, Copia Wealth Management increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 37.1% in the second quarter. Copia Wealth Management now owns 233 shares of the company’s stock valued at $44,000 after buying an additional 63 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $207.62 on Thursday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47. The firm has a market cap of $9.14 billion, a PE ratio of 34.35 and a beta of 0.87. The business has a fifty day moving average of $201.78 and a 200-day moving average of $183.00.

iShares U.S. Aerospace & Defense ETF 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).