Evolution Wealth Advisors LLC Sells 59,498 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Evolution Wealth Advisors LLC reduced its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 75.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 19,083 shares of the company’s stock after selling 59,498 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,518,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ITA. Janney Montgomery Scott LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 10.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 58,928 shares of the company’s stock valued at $7,461,000 after buying an additional 5,605 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 528.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 44,193 shares of the company’s stock valued at $5,595,000 after purchasing an additional 37,156 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 41.3% during the fourth quarter. Stephens Inc. AR now owns 11,264 shares of the company’s stock valued at $1,426,000 after purchasing an additional 3,293 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 63.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after purchasing an additional 184,937 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 86.2% during the fourth quarter. Fisher Asset Management LLC now owns 18,306 shares of the company’s stock valued at $2,318,000 after purchasing an additional 8,472 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA traded up $0.95 during midday trading on Wednesday, reaching $132.53. 452,963 shares of the company’s stock traded hands. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The stock has a 50 day moving average of $133.84 and a 200 day moving average of $128.91.

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).