Sovran Advisors LLC Takes Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Sovran Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,672 shares of the company’s stock, valued at approximately $692,000.

Several other hedge funds also recently bought and sold shares of ITA. SeaCrest Wealth Management LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 1.0% in the third quarter. SeaCrest Wealth Management LLC now owns 7,021 shares of the company’s stock valued at $1,051,000 after purchasing an additional 70 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 0.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 26,437 shares of the company’s stock valued at $3,956,000 after purchasing an additional 73 shares during the last quarter. Ellis Investment Partners LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.5% in the 3rd quarter. Ellis Investment Partners LLC now owns 5,051 shares of the company’s stock worth $756,000 after buying an additional 74 shares in the last quarter. Hollencrest Capital Management increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 29.1% in the 3rd quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock worth $50,000 after buying an additional 75 shares during the last quarter. Finally, JDM Financial Group LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 5.7% during the 3rd quarter. JDM Financial Group LLC now owns 1,433 shares of the company’s stock valued at $214,000 after buying an additional 77 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 6.3 %

Shares of BATS:ITA opened at $157.40 on Wednesday. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 12 month low of $145.00 and a 12 month high of $206.56. The company has a 50-day moving average price of $150.54 and a 200 day moving average price of $148.71.

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).