Miracle Mile Advisors LLC Increases Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Miracle Mile Advisors LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,593 shares of the company’s stock after acquiring an additional 199 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $388,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. LPL Financial LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 3.5% during the second quarter. LPL Financial LLC now owns 904,685 shares of the company’s stock valued at $119,464,000 after buying an additional 30,436 shares during the period. Global Assets Advisory LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $111,303,000. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 63.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after purchasing an additional 184,937 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 3.3% in the second quarter. Commonwealth Equity Services LLC now owns 278,314 shares of the company’s stock worth $36,751,000 after purchasing an additional 8,925 shares during the period. Finally, Raymond James & Associates raised its position in shares of iShares U.S. Aerospace & Defense ETF by 12.4% in the second quarter. Raymond James & Associates now owns 246,200 shares of the company’s stock worth $32,511,000 after buying an additional 27,071 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 0.0 %

iShares U.S. Aerospace & Defense ETF stock opened at $151.38 on Wednesday. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The business has a 50-day simple moving average of $144.72 and a 200 day simple moving average of $137.28. 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).