Polaris Investment Advisors LLC Trims Stake in iShares U.S. Aerospace & Defense ETF $ITA

Polaris Investment Advisors LLC lowered its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 37.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,095 shares of the company’s stock after selling 3,006 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises approximately 0.8% of Polaris Investment Advisors LLC’s portfolio, making the stock its 28th largest holding. Polaris Investment Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,115,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Advisory Services Network LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 22.8% during the third quarter. Advisory Services Network LLC now owns 94,747 shares of the company’s stock worth $19,827,000 after purchasing an additional 17,565 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in iShares U.S. Aerospace & Defense ETF by 14,023.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 142,509 shares of the company’s stock worth $29,821,000 after buying an additional 141,500 shares in the last quarter. Assetmark Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 314.8% in the 4th quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock worth $3,222,000 after buying an additional 11,391 shares in the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 177.7% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 5,427 shares of the company’s stock worth $1,165,000 after buying an additional 3,473 shares during the last quarter. Finally, Clear Creek Financial Management LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 52.7% during the 4th quarter. Clear Creek Financial Management LLC now owns 8,576 shares of the company’s stock valued at $1,841,000 after buying an additional 2,959 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS ITA opened at $237.38 on Friday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $182.75 and a 52-week high of $250.65. The company has a fifty day moving average of $227.55 and a 200-day moving average of $228.43. The company has a market capitalization of $10.44 billion, a P/E ratio of 34.35 and a beta of 0.87.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.