SeaCrest Wealth Management LLC Reduces Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

SeaCrest Wealth Management LLC trimmed its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.0% in the 4th quarter, Holdings Channel reports. The firm owned 10,781 shares of the company’s stock after selling 573 shares during the period. SeaCrest Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,335,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ITA. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 97.7% in the 1st quarter. JPMorgan Chase & Co. now owns 28,359 shares of the company’s stock worth $3,142,000 after purchasing an additional 14,016 shares during the period. Citigroup Inc. grew its position in iShares U.S. Aerospace & Defense ETF by 122.6% during the first quarter. Citigroup Inc. now owns 325 shares of the company’s stock valued at $36,000 after buying an additional 179 shares during the period. Bank of Montreal Can increased its holdings in iShares U.S. Aerospace & Defense ETF by 28.0% during the first quarter. Bank of Montreal Can now owns 5,806 shares of the company’s stock valued at $652,000 after buying an additional 1,271 shares during the last quarter. Cibc World Market Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 113.5% in the first quarter. Cibc World Market Inc. now owns 8,947 shares of the company’s stock worth $991,000 after acquiring an additional 4,756 shares during the period. Finally, Vontobel Holding Ltd. raised its position in iShares U.S. Aerospace & Defense ETF by 12.0% in the first quarter. Vontobel Holding Ltd. now owns 14,595 shares of the company’s stock worth $1,617,000 after acquiring an additional 1,568 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA stock traded up $0.08 during mid-day trading on Thursday, reaching $131.93. 238,371 shares of the company’s stock traded hands. The firm has a market capitalization of $6.42 billion, a PE ratio of 24.00 and a beta of 1.02. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56. The firm has a 50 day moving average price of $126.24 and a two-hundred day moving average price of $119.22.

iShares U.S. Aerospace & Defense ETF Company 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).