Fifth Third Wealth Advisors LLC Lowers Stake in iShares U.S. Aerospace & Defense ETF $ITA

Fifth Third Wealth Advisors LLC trimmed its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,075 shares of the company’s stock after selling 70 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $391,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ITA. Wealth Enhancement Advisory Services LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 9.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 133,627 shares of the company’s stock valued at $20,458,000 after purchasing an additional 11,768 shares during the period. Sowell Financial Services LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at approximately $1,169,000. Inscription Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter valued at approximately $673,000. Global Trust Asset Management LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 23.8% in the first quarter. Global Trust Asset Management LLC now owns 1,170 shares of the company’s stock valued at $179,000 after purchasing an additional 225 shares during the period. Finally, Lion Street Advisors LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 8.1% in the first quarter. Lion Street Advisors LLC now owns 2,860 shares of the company’s stock valued at $438,000 after purchasing an additional 215 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 41.2%

Shares of ITA stock opened at $209.05 on Tuesday. The stock has a market cap of $9.20 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47. The firm’s 50 day moving average price is $201.31 and its two-hundred day moving average price is $182.25.

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).