Hollencrest Capital Management Sells 75 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Hollencrest Capital Management reduced its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 22.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 258 shares of the company’s stock after selling 75 shares during the quarter. Hollencrest Capital Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $34,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ITA. LPL Financial LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 3.5% in the second quarter. LPL Financial LLC now owns 904,685 shares of the company’s stock valued at $119,464,000 after acquiring an additional 30,436 shares during the last quarter. Global Assets Advisory LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $111,303,000. Wells Fargo & Company MN raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 18.0% during the 4th quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock worth $90,801,000 after buying an additional 109,357 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 63.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after buying an additional 184,937 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in iShares U.S. Aerospace & Defense ETF by 7.2% in the fourth quarter. Stifel Financial Corp now owns 285,114 shares of the company’s stock valued at $36,100,000 after buying an additional 19,123 shares in the last quarter.

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

iShares U.S. Aerospace & Defense ETF stock opened at $147.89 on Friday. The stock has a market cap of $6.95 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 12-month low of $145.00 and a 12-month high of $206.56. The business’s 50-day moving average price is $141.67 and its two-hundred day moving average price is $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).