USAdvisors Wealth Management LLC Trims Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

USAdvisors Wealth Management LLC trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 23.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,087 shares of the company’s stock after selling 341 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $205,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ITA. Goldman Sachs Group Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares in the last quarter. Cetera Investment Advisers boosted its stake in iShares U.S. Aerospace & Defense ETF by 10.1% in the first quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock valued at $38,301,000 after acquiring an additional 22,941 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 40.8% in the first quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock valued at $34,784,000 after acquiring an additional 65,889 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $34,118,000. Finally, HighTower Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 21.3% in the first quarter. HighTower Advisors LLC now owns 179,543 shares of the company’s stock valued at $27,488,000 after acquiring an additional 31,536 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 41.7%

BATS:ITA opened at $209.82 on Friday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $198.47. The firm has a fifty day simple moving average of $199.65 and a 200-day simple moving average of $179.82. The company has a market capitalization of $9.23 billion, a P/E 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).