iShares U.S. Aerospace & Defense ETF $ITA Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 28.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 20,505 shares of the company’s stock after selling 8,198 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,868,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares in the last quarter. Cetera Investment Advisers increased its holdings in iShares U.S. Aerospace & Defense ETF by 10.1% in the 1st quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock worth $38,301,000 after buying an additional 22,941 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares U.S. Aerospace & Defense ETF by 40.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock worth $34,784,000 after buying an additional 65,889 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $34,118,000. Finally, HighTower Advisors LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 21.3% in the 1st quarter. HighTower Advisors LLC now owns 179,543 shares of the company’s stock worth $27,488,000 after buying an additional 31,536 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 43.9%

Shares of BATS:ITA opened at $213.14 on Wednesday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $198.47. The company’s 50 day moving average is $200.26 and its 200 day moving average is $180.79. The company has a market cap of $9.38 billion, a PE ratio of 34.35 and a beta of 0.87.

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).