Modern Wealth Management LLC Sells 10,259 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Modern Wealth Management LLC lessened its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 79.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,710 shares of the company’s stock after selling 10,259 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $606,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Veracity Capital LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 4.2% during the 4th quarter. Veracity Capital LLC now owns 1,155 shares of the company’s stock worth $248,000 after purchasing an additional 47 shares during the last quarter. Thoroughbred Financial Services LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 2.4% during the 4th quarter. Thoroughbred Financial Services LLC now owns 2,114 shares of the company’s stock valued at $453,000 after purchasing an additional 49 shares during the period. Realta Investment Advisors boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.9% in the 4th quarter. Realta Investment Advisors now owns 5,327 shares of the company’s stock valued at $1,144,000 after purchasing an additional 50 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.3% in the 4th quarter. Kestra Private Wealth Services LLC now owns 18,733 shares of the company’s stock valued at $4,022,000 after purchasing an additional 50 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 5.4% during the first quarter. Citizens Financial Group Inc. RI now owns 1,004 shares of the company’s stock worth $220,000 after buying an additional 51 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $243.91 on Tuesday. The firm has a 50 day simple moving average of $234.79 and a 200 day simple moving average of $232.24. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $191.19 and a fifty-two week high of $251.49. The company has a market cap of $10.73 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.