Spire Wealth Management Sells 918 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Spire Wealth Management lowered its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,937 shares of the company’s stock after selling 918 shares during the period. Spire Wealth Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,052,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Global Assets Advisory LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 250.2% during the 1st quarter. Global Assets Advisory LLC now owns 22,664 shares of the company’s stock worth $3,335,000 after purchasing an additional 16,192 shares in the last quarter. Centerpoint Advisory Group bought a new stake in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $206,000. Cambridge Investment Research Advisors Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 17.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 104,852 shares of the company’s stock valued at $16,053,000 after acquiring an additional 15,715 shares during the period. WealthCare Investment Partners LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 7.3% in the 1st quarter. WealthCare Investment Partners LLC now owns 46,288 shares of the company’s stock valued at $6,779,000 after acquiring an additional 3,156 shares during the period. Finally, MinichMacGregor Wealth Management LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 11.3% in the 1st quarter. MinichMacGregor Wealth Management LLC now owns 83,256 shares of the company’s stock valued at $12,747,000 after acquiring an additional 8,441 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 22.9%

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

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).