Hager Investment Management Services LLC Lowers Stock Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Hager Investment Management Services LLC reduced its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 24.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 186 shares of the company’s stock after selling 60 shares during the period. Hager Investment Management Services LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. Vontobel Holding Ltd. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.7% in the second quarter. Vontobel Holding Ltd. now owns 15,898 shares of the company’s stock valued at $2,999,000 after buying an additional 116 shares in the last quarter. Massachusetts Wealth Management boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 2.0% in the second quarter. Massachusetts Wealth Management now owns 7,782 shares of the company’s stock valued at $1,468,000 after buying an additional 155 shares in the last quarter. Ignite Planners LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 19.2% in the second quarter. Ignite Planners LLC now owns 26,687 shares of the company’s stock valued at $5,234,000 after buying an additional 4,300 shares in the last quarter. Valmark Advisers Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $206,000. Finally, WESPAC Advisors LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 261.0% in the second quarter. WESPAC Advisors LLC now owns 6,878 shares of the company’s stock valued at $1,297,000 after buying an additional 4,973 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $215.11 on Thursday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $129.14 and a 1-year high of $198.47. The company has a market cap of $9.46 billion, a PE ratio of 34.35 and a beta of 0.87. The stock’s 50 day moving average price is $200.59 and its 200 day moving average price is $181.21.

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).