Cetera Investment Advisers Sells 251,945 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Cetera Investment Advisers lowered its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 39.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 381,674 shares of the company’s stock after selling 251,945 shares during the quarter. Cetera Investment Advisers’ holdings in iShares U.S. Aerospace & Defense ETF were worth $83,491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ITA. Bogart Wealth LLC raised its position in shares of 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 buying an additional 94 shares in the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring 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 worth about $28,000. Clearstead Trust LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth approximately $28,000. Finally, GHP Investment Advisors Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $30,000.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $238.23 on Friday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $191.19 and a 1 year high of $251.49. The firm has a market capitalization of $10.48 billion, a P/E ratio of 34.35 and a beta of 0.87. The business’s 50-day moving average is $233.85 and its 200 day moving average is $232.05.

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). 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.