iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Sold by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC trimmed its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 14.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,194 shares of the company’s stock after selling 372 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $289,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lindbrook Capital LLC raised its position in iShares U.S. Aerospace & Defense ETF by 100.0% during the fourth quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the period. Tortoise Investment Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $30,000. JNBA Financial Advisors purchased a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $38,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth about $40,000. Finally, Solstein Capital LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 21.4% during the 4th quarter. Solstein Capital LLC now owns 482 shares of the company’s stock worth $61,000 after buying an additional 85 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $131.57 on Tuesday. The stock has a 50 day moving average price of $133.78 and a 200 day moving average price of $128.86. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year high of $206.56. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).