Secure Asset Management LLC Decreases Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Secure Asset Management LLC trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 10.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,690 shares of the company’s stock after selling 1,099 shares during the period. Secure Asset Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,408,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. SeaCrest Wealth Management LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 1.0% in the third quarter. SeaCrest Wealth Management LLC now owns 7,021 shares of the company’s stock valued at $1,051,000 after acquiring an additional 70 shares during the last quarter. Prime Capital Investment Advisors LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 0.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 26,437 shares of the company’s stock valued at $3,956,000 after purchasing an additional 73 shares during the period. Ellis Investment Partners LLC increased its position in iShares U.S. Aerospace & Defense ETF by 1.5% in the third quarter. Ellis Investment Partners LLC now owns 5,051 shares of the company’s stock worth $756,000 after buying an additional 74 shares during the last quarter. Hollencrest Capital Management raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 29.1% in the third quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock valued at $50,000 after buying an additional 75 shares during the period. Finally, JDM Financial Group LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 5.7% during the 3rd quarter. JDM Financial Group LLC now owns 1,433 shares of the company’s stock valued at $214,000 after buying an additional 77 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $158.43 on Friday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $145.00 and a fifty-two week high of $206.56. The business has a 50-day moving average of $149.51 and a 200 day moving average of $146.57. The firm has a market cap of $7.45 billion, a P/E ratio of 29.96 and a beta of 0.60.

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).