Ellis Investment Partners LLC Decreases Stake in iShares U.S. Aerospace & Defense ETF $ITA

Ellis Investment Partners LLC cut its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 10.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,276 shares of the company’s stock after selling 503 shares during the period. Ellis Investment Partners LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $807,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after purchasing an additional 151,757 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 10.1% during the 1st quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock valued at $38,301,000 after buying an additional 22,941 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 40.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock valued at $34,784,000 after buying an additional 65,889 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth approximately $34,118,000. Finally, HighTower Advisors LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 21.3% in the first quarter. HighTower Advisors LLC now owns 179,543 shares of the company’s stock worth $27,488,000 after buying an additional 31,536 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $206.04 on Monday. 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 capitalization of $9.07 billion, a PE ratio of 34.35 and a beta of 0.87. The firm’s fifty day moving average price is $201.09 and its 200 day moving average price is $181.90.

iShares U.S. Aerospace & Defense ETF Company 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).