iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Trek Financial LLC

Trek Financial LLC cut its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 57.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,795 shares of the company’s stock after selling 24,330 shares during the period. Trek Financial LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,820,000 at the end of the most recent reporting period.

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

iShares U.S. Aerospace & Defense ETF Stock Up 1.1%

Shares of BATS ITA opened at $225.99 on Tuesday. The firm has a market cap of $9.94 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52-week low of $162.15 and a 52-week high of $250.65. The business’s 50 day moving average is $227.82 and its two-hundred day moving average is $223.18.

About iShares U.S. Aerospace & Defense ETF

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.