Avitas Wealth Management LLC Cuts Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Avitas Wealth Management LLC reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,799 shares of the company’s stock after selling 115 shares during the quarter. Avitas Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $261,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ITA. Cubist Systematic Strategies LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth about $436,000. Miracle Mile Advisors LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.3% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,593 shares of the company’s stock worth $388,000 after purchasing an additional 199 shares in the last quarter. Kesler Norman & Wride LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth about $397,000. Axiom Advisory LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 6,528 shares of the company’s stock worth $921,000 after purchasing an additional 102 shares in the last quarter. Finally, WealthCare Investment Partners LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 9.4% in the 3rd quarter. WealthCare Investment Partners LLC now owns 39,983 shares of the company’s stock worth $6,051,000 after purchasing an additional 3,444 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 6.2 %

BATS ITA opened at $157.28 on Thursday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56. The stock has a 50-day moving average of $150.30 and a 200-day moving average of $148.11. The firm has a market cap of $7.39 billion, a PE ratio of 29.96 and a beta of 0.60.

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).