Envestnet Asset Management Inc. Decreases Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Envestnet Asset Management Inc. lessened its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 265,122 shares of the company’s stock after selling 9,955 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $35,009,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Global Assets Advisory LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter worth approximately $111,303,000. Cetera Investment Advisers boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 223.8% in the 1st quarter. Cetera Investment Advisers now owns 205,647 shares of the company’s stock worth $27,131,000 after buying an additional 142,141 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 18.0% in the fourth quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock worth $90,801,000 after acquiring an additional 109,357 shares during the period. Cadent Capital Advisors LLC increased its position in iShares U.S. Aerospace & Defense ETF by 198.3% during the first quarter. Cadent Capital Advisors LLC now owns 96,660 shares of the company’s stock valued at $12,752,000 after acquiring an additional 64,260 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $6,929,000.

iShares U.S. Aerospace & Defense ETF Stock Up 0.4 %

iShares U.S. Aerospace & Defense ETF stock opened at $147.89 on Friday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56. The company has a market cap of $6.95 billion, a P/E ratio of 29.96 and a beta of 0.60. The business has a 50-day simple moving average of $141.67 and a two-hundred day simple moving average of $135.35.

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).