SeaCrest Wealth Management LLC Reduces Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

SeaCrest Wealth Management LLC lessened its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 35.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,003 shares of the company’s stock after selling 3,778 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $924,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lindbrook Capital LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 100.0% in the 4th quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the period. Tortoise Investment Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $30,000. JNBA Financial Advisors purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $38,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $40,000. Finally, Solstein Capital LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 21.4% in the 4th quarter. Solstein Capital LLC now owns 482 shares of the company’s stock valued at $61,000 after buying an additional 85 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $133.20 on Thursday. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The business has a 50-day moving average of $133.94 and a two-hundred day moving average of $128.94. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56.

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).