Evolution Wealth Advisors LLC Decreases Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Evolution Wealth Advisors LLC cut its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 75.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,083 shares of the company’s stock after selling 59,498 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,518,000 at the end of the most recent reporting period.

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

iShares U.S. Aerospace & Defense ETF Stock Up 0.7 %

Shares of BATS ITA traded up $0.95 during midday trading on Wednesday, hitting $132.53. The stock had a trading volume of 452,963 shares. The company has a market capitalization of $6.23 billion, a PE ratio of 29.96 and a beta of 0.60. The stock has a 50 day simple moving average of $133.84 and a 200-day simple moving average of $128.91. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year 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).