HB Wealth Management LLC Sells 14,558 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

HB Wealth Management LLC trimmed its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 88.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,852 shares of the company’s stock after selling 14,558 shares during the quarter. HB Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $284,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Two Sigma Investments LP bought a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $39,012,000. Aurora Private Wealth Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 3,944.2% in the 1st quarter. Aurora Private Wealth Inc. now owns 124,481 shares of the company’s stock valued at $19,058,000 after acquiring an additional 121,403 shares during the period. Wells Fargo & Company MN raised its holdings in iShares U.S. Aerospace & Defense ETF by 14.9% in the 4th quarter. Wells Fargo & Company MN now owns 827,272 shares of the company’s stock valued at $120,244,000 after acquiring an additional 107,163 shares during the period. Marks Wealth LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at about $12,539,000. Finally, Envestnet Asset Management Inc. raised its holdings in iShares U.S. Aerospace & Defense ETF by 40.8% in the 1st 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 during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 32.3%

iShares U.S. Aerospace & Defense ETF stock opened at $195.94 on Friday. The company’s 50-day moving average price is $186.06 and its two-hundred day moving average price is $165.41. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47. The stock has a market cap of $8.62 billion, a P/E ratio of 34.35 and a beta of 0.87.

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).