iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. lowered its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,182 shares of the company’s stock after selling 88 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $288,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Massachusetts Wealth Management raised its stake in iShares U.S. Aerospace & Defense ETF by 23.5% during the first quarter. Massachusetts Wealth Management now owns 4,687 shares of the company’s stock valued at $618,000 after buying an additional 892 shares in the last quarter. Silverlake Wealth Management LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 5.0% during the first quarter. Silverlake Wealth Management LLC now owns 4,846 shares of the company’s stock valued at $639,000 after buying an additional 231 shares in the last quarter. Quattro Financial Advisors LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 3,837.0% during the first quarter. Quattro Financial Advisors LLC now owns 5,000 shares of the company’s stock valued at $660,000 after buying an additional 4,873 shares in the last quarter. Steele Capital Management Inc. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 24.3% during the 1st quarter. Steele Capital Management Inc. now owns 4,086 shares of the company’s stock worth $539,000 after purchasing an additional 800 shares during the period. Finally, Founders Financial Securities LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth approximately $248,000.

iShares U.S. Aerospace & Defense ETF Trading Up 0.5 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $133.15 on Friday. The business’s 50 day simple moving average is $134.02 and its 200-day simple moving average is $128.97. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56.

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).