Segment Wealth Management LLC Reduces Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Segment Wealth Management LLC reduced its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 9.9% during the second quarter, Holdings Channel.com reports. The firm owned 1,640 shares of the company’s stock after selling 180 shares during the period. Segment Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $309,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ITA. Charter Oak Capital Management LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.3% in the second quarter. Charter Oak Capital Management LLC now owns 4,525 shares of the company’s stock worth $854,000 after buying an additional 60 shares during the period. Wealthspire Advisors LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 1.2% in the 1st quarter. Wealthspire Advisors LLC now owns 5,601 shares of the company’s stock worth $857,000 after acquiring an additional 69 shares during the last quarter. Magnus Financial Group LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 4.5% in the second quarter. Magnus Financial Group LLC now owns 1,606 shares of the company’s stock valued at $303,000 after acquiring an additional 69 shares during the period. Nvwm LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.9% during the first quarter. Nvwm LLC now owns 8,322 shares of the company’s stock valued at $1,274,000 after acquiring an additional 76 shares during the last quarter. Finally, Axis Wealth Partners LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 4.4% during the first quarter. Axis Wealth Partners LLC now owns 1,847 shares of the company’s stock valued at $283,000 after acquiring an additional 77 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $209.82 on Friday. The stock has a market capitalization of $9.23 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The business’s 50-day moving average is $199.65 and its 200 day moving average is $179.82.

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).