Assetmark Inc. Sells 2,157 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Assetmark Inc. lowered its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 14.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,853 shares of the company’s stock after selling 2,157 shares during the quarter. Assetmark Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,812,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. PeakShares LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 1st quarter worth $241,000. Clearstead Trust LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $28,000. Independent Financial Group LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $8,022,000. Quartz Partners LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 8.4% in the first quarter. Quartz Partners LLC now owns 3,233 shares of the company’s stock worth $707,000 after purchasing an additional 251 shares during the period. Finally, Wealthfront Advisers LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 47.3% in the first quarter. Wealthfront Advisers LLC now owns 23,392 shares of the company’s stock worth $5,117,000 after purchasing an additional 7,509 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $238.23 on Friday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $191.19 and a twelve month high of $251.49. The stock has a market capitalization of $10.48 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a 50-day simple moving average of $233.85 and a 200 day simple moving average of $232.05.

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). 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.