iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC cut its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 42.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,071 shares of the company’s stock after selling 781 shares during the quarter. HB Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of ITA. 1 North Wealth Services LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at $32,000. WPG Advisers LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at $36,000. AlphaCore Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at $38,000. MassMutual Private Wealth & Trust FSB purchased a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $39,000. Finally, Albion Financial Group UT boosted its holdings in iShares U.S. Aerospace & Defense ETF by 39.5% in the first quarter. Albion Financial Group UT now owns 300 shares of the company’s stock valued at $46,000 after purchasing an additional 85 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 43.9%

BATS:ITA opened at $213.14 on Wednesday. The firm has a market cap of $9.38 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a fifty day moving average price of $200.26 and a 200 day moving average price of $180.79. iShares U.S. Aerospace & Defense ETF has a 12-month low of $129.14 and a 12-month high of $198.47.

About iShares U.S. Aerospace & Defense ETF

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).