Kraft Davis & Associates LLC Trims Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Kraft Davis & Associates LLC reduced its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,577 shares of the company’s stock after selling 222 shares during the period. Kraft Davis & Associates LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,251,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at $68,446,000. Two Sigma Investments LP acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at about $39,012,000. LPL Financial LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 14.4% in the fourth quarter. LPL Financial LLC now owns 1,113,861 shares of the company’s stock valued at $161,900,000 after buying an additional 140,085 shares in the last quarter. Aurora Private Wealth Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 3,944.2% during the 1st quarter. Aurora Private Wealth Inc. now owns 124,481 shares of the company’s stock worth $19,058,000 after buying an additional 121,403 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 14.9% during the 4th quarter. Wells Fargo & Company MN now owns 827,272 shares of the company’s stock valued at $120,244,000 after buying an additional 107,163 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $181.93 on Thursday. The stock has a market capitalization of $8.00 billion, a P/E ratio of 34.35 and a beta of 0.87. The company’s fifty day moving average price is $169.33 and its 200 day moving average price is $157.12. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $183.23.

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).