AE Wealth Management LLC Has $431,000 Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

AE Wealth Management LLC trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 48.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,267 shares of the company’s stock after selling 3,060 shares during the quarter. AE Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $431,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. LPL Financial LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 3.5% during the second quarter. LPL Financial LLC now owns 904,685 shares of the company’s stock worth $119,464,000 after acquiring an additional 30,436 shares in the last quarter. Global Assets Advisory LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth about $111,303,000. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after buying an additional 184,937 shares during the period. Stifel Financial Corp increased its position in iShares U.S. Aerospace & Defense ETF by 7.2% in the 4th 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. Finally, Commonwealth Equity Services LLC increased its position in iShares U.S. Aerospace & Defense ETF by 3.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 278,314 shares of the company’s stock valued at $36,751,000 after buying an additional 8,925 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $147.80 on Friday. The firm has a market cap of $6.95 billion, a P/E ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56. The business’s 50 day simple moving average is $142.75 and its two-hundred day simple moving average is $135.89.

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).