Prime Capital Investment Advisors LLC Decreases Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Prime Capital Investment Advisors LLC trimmed its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 28.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,505 shares of the company’s stock after selling 8,198 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,868,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Valley National Advisers Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 41.0% during 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 during the last quarter. DAVENPORT & Co LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 7.5% during the second quarter. DAVENPORT & Co LLC now owns 6,821 shares of the company’s stock valued at $1,287,000 after buying an additional 477 shares during the last quarter. Merit Financial Group LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 16.1% during the second quarter. Merit Financial Group LLC now owns 29,693 shares of the company’s stock valued at $5,601,000 after buying an additional 4,111 shares during the last quarter. Realta Investment Advisors lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 52.7% during the second quarter. Realta Investment Advisors now owns 8,137 shares of the company’s stock valued at $1,535,000 after buying an additional 2,807 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 29.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 5,698 shares of the company’s stock valued at $1,075,000 after buying an additional 1,296 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA stock opened at $213.14 on Wednesday. The firm has a market cap of $9.38 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm has a 50-day simple moving average of $200.26 and a two-hundred day simple moving average of $180.79. iShares U.S. Aerospace & Defense ETF has a one year low of $129.14 and a one year high of $198.47.

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).