Wealth Alliance LLC Sells 22,401 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Wealth Alliance LLC lowered its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 79.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,961 shares of the company’s stock after selling 22,401 shares during the period. Wealth Alliance LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bogart Wealth LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 447.6% during the 1st quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares during the period. Physician Wealth Advisors Inc. lifted 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 last quarter. Optima Capital LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $28,000. Clearstead Trust LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the first quarter valued at approximately $28,000. Finally, GHP Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $30,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $240.14 on Friday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $191.19 and a 52-week high of $251.49. The company’s 50 day moving average price is $234.31 and its 200-day moving average price is $232.11. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.