Wealthfront Advisers LLC Has $2.20 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

Wealthfront Advisers LLC lessened its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 24.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,670 shares of the company’s stock after selling 3,690 shares during the period. Wealthfront Advisers LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ITA. Atlatl Advisers LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at $259,000. Darden Wealth Group Inc boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 32.3% during the 2nd quarter. Darden Wealth Group Inc now owns 2,202 shares of the company’s stock worth $415,000 after buying an additional 537 shares during the period. Mason & Associates Inc acquired a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $268,000. Glass Jacobson Investment Advisors llc grew its stake in iShares U.S. Aerospace & Defense ETF by 36.6% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 276 shares of the company’s stock valued at $52,000 after buying an additional 74 shares during the last quarter. Finally, Cardinal Point Capital Management ULC bought a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $1,730,000.

iShares U.S. Aerospace & Defense ETF Stock Up 45.2%

Shares of BATS:ITA opened at $215.05 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 stock has a market cap of $9.46 billion, a PE ratio of 34.35 and a beta of 0.87. The business has a 50 day moving average of $205.63 and a 200-day moving average of $188.41.

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).