Envestnet Portfolio Solutions Inc. Sells 3,302 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Envestnet Portfolio Solutions Inc. trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 63.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,929 shares of the company’s stock after selling 3,302 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $280,000 at the end of the most recent quarter.

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

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $156.40 on Friday. The business has a 50-day simple moving average of $153.97 and a 200 day simple moving average of $150.99. iShares U.S. Aerospace & Defense ETF has a one year low of $126.65 and a one year high of $160.18. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00.

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).