Apollon Wealth Management LLC Sells 3,375 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Apollon Wealth Management LLC lowered its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,685 shares of the company’s stock after selling 3,375 shares during the period. Apollon Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $5,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 20.2% in the fourth quarter. Armstrong Advisory Group Inc. now owns 280 shares of the company’s stock worth $60,000 after purchasing an additional 47 shares during the last quarter. Veracity Capital LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 4.2% during the fourth quarter. Veracity Capital LLC now owns 1,155 shares of the company’s stock valued at $248,000 after buying an additional 47 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in iShares U.S. Aerospace & Defense ETF by 2.4% in the 4th quarter. Thoroughbred Financial Services LLC now owns 2,114 shares of the company’s stock worth $453,000 after buying an additional 49 shares during the last quarter. JFS Wealth Advisors LLC raised its position in iShares U.S. Aerospace & Defense ETF by 1.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 3,223 shares of the company’s stock worth $692,000 after buying an additional 50 shares during the last quarter. Finally, Realta Investment Advisors lifted its stake in iShares U.S. Aerospace & Defense ETF by 0.9% during the 4th quarter. Realta Investment Advisors now owns 5,327 shares of the company’s stock valued at $1,144,000 after acquiring an additional 50 shares during the period.

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

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $239.13 on Tuesday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $183.42 and a twelve month high of $250.65. The company’s 50 day moving average is $227.81 and its 200 day moving average is $228.92. The company has a market cap of $10.52 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF 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). 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.