Icon Wealth Advisors LLC Sells 1,694 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Icon Wealth Advisors LLC trimmed its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 76.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 509 shares of the company’s stock after selling 1,694 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $76,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ITA. Asset Dedication LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $25,000. Fairscale Capital LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter worth $27,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter valued at approximately $30,000. Cultivar Capital Inc. bought a new position in iShares U.S. Aerospace & Defense ETF during the second quarter worth $27,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at about $28,000.

iShares U.S. Aerospace & Defense ETF Stock Up 1.0 %

Shares of ITA stock opened at $154.51 on Monday. The company has a market cap of $7.26 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The firm has a 50 day moving average of $150.56 and a 200-day moving average of $142.20. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56.

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).