Envestnet Asset Management Inc. Sells 129,613 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Envestnet Asset Management Inc. decreased its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 44.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 161,306 shares of the company’s stock after selling 129,613 shares during the quarter. Envestnet Asset Management Inc. owned 0.34% of iShares U.S. Aerospace & Defense ETF worth $23,446,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ITA. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 8.7% in the third quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after purchasing an additional 23,100 shares during the last quarter. Assetmark Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 17.6% during the fourth quarter. Assetmark Inc. now owns 608 shares of the company’s stock worth $88,000 after buying an additional 91 shares in the last quarter. Tandem Financial LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $2,169,000. Franklin Resources Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 34.8% during the 3rd quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock valued at $76,000 after acquiring an additional 127 shares in the last quarter. Finally, FMR LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 23.2% during the 3rd quarter. FMR LLC now owns 13,276 shares of the company’s stock worth $1,987,000 after acquiring an additional 2,501 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS ITA opened at $149.18 on Monday. The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 30.68 and a beta of 0.82. iShares U.S. Aerospace & Defense ETF has a 1 year low of $126.65 and a 1 year high of $160.18. The company has a fifty day moving average price of $151.65 and a 200-day moving average price of $151.02.

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).