5th Street Advisors LLC Sells 6,255 Shares of iShares U.S. Aerospace & Defense ETF $ITA

5th Street Advisors LLC decreased its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 17.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,729 shares of the company’s stock after selling 6,255 shares during the period. iShares U.S. Aerospace & Defense ETF accounts for 2.8% of 5th Street Advisors LLC’s portfolio, making the stock its 12th largest position. 5th Street Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $5,608,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Private Wealth Asset Management LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $38,000. Valley National Advisers Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 41.0% in the second quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock valued at $38,000 after acquiring an additional 59 shares during the last quarter. 1 North Wealth Services LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $32,000. MassMutual Private Wealth & Trust FSB bought a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at about $39,000. Finally, Copia Wealth Management boosted its holdings in iShares U.S. Aerospace & Defense ETF by 37.1% in the second quarter. Copia Wealth Management now owns 233 shares of the company’s stock valued at $44,000 after acquiring an additional 63 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 40.2%

iShares U.S. Aerospace & Defense ETF stock opened at $207.62 on Thursday. The business’s 50-day simple moving average is $201.78 and its 200 day simple moving average is $183.00. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12-month low of $129.14 and a 12-month high of $198.47.

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).