World Investment Advisors Trims Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

World Investment Advisors decreased its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 9.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,667 shares of the company’s stock after selling 2,371 shares during the quarter. World Investment Advisors’ holdings in iShares U.S. Aerospace & Defense ETF were worth $4,740,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Physician Wealth Advisors Inc. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares during the period. Optima Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $28,000. Aventura Private Wealth LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $30,000. Finally, Wolff Wiese Magana LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $248.19 on Monday. The stock has a market cap of $10.92 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $184.49 and a fifty-two week high of $250.65. The firm’s 50-day simple moving average is $229.34 and its two-hundred day simple moving average is $229.98.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.