Assetmark Inc. cut its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 22.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,111 shares of the company’s stock after selling 323 shares during the quarter. Assetmark Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $210,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. 1 North Wealth Services LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $32,000. WPG Advisers LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the first quarter worth about $36,000. AlphaCore Capital LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at $38,000. Valley National Advisers Inc. increased its position in iShares U.S. Aerospace & Defense ETF by 41.0% during the second quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock worth $38,000 after purchasing an additional 59 shares during the last quarter. Finally, Private Wealth Asset Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the second quarter worth about $38,000.
iShares U.S. Aerospace & Defense ETF Trading Up 41.2%
Shares of ITA stock opened at $209.11 on Friday. The company has a market cap of $9.20 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $198.47. The company’s fifty day simple moving average is $207.22 and its 200-day simple moving average is $191.30.
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).
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