iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. reduced its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 68.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,112 shares of the company’s stock after selling 17,341 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,774,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Morgan Stanley boosted its stake in iShares U.S. Aerospace & Defense ETF by 6.1% during the fourth quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock valued at $642,674,000 after buying an additional 171,385 shares in the last quarter. Wells Fargo & Company MN grew its holdings in iShares U.S. Aerospace & Defense ETF by 13.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after acquiring an additional 148,199 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 12.9% during the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after acquiring an additional 100,299 shares during the period. Finally, UBS Group AG raised its position in iShares U.S. Aerospace & Defense ETF by 20.1% in the third quarter. UBS Group AG now owns 728,077 shares of the company’s stock worth $152,357,000 after acquiring an additional 121,945 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.1%

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $230.73 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $190.16 and a 52 week high of $251.49. The stock has a market cap of $10.15 billion, a PE ratio of 34.35 and a beta of 0.87. The company’s 50-day moving average price is $233.32 and its two-hundred day moving average price is $231.52.

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.