First Foundation Advisors Sells 301 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

First Foundation Advisors lowered its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 7.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,523 shares of the company’s stock after selling 301 shares during the period. First Foundation Advisors’ holdings in iShares U.S. Aerospace & Defense ETF were worth $465,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ITA. Lindbrook Capital LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 100.0% in the fourth quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Tortoise Investment Management LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $30,000. JNBA Financial Advisors bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $38,000. Whittier Trust Co. of Nevada Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $40,000. Finally, Solstein Capital LLC increased its holdings 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 acquiring an additional 85 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock traded down $0.85 during midday trading on Friday, reaching $133.90. 179,337 shares of the stock were exchanged. The company’s fifty day moving average is $134.37 and its 200-day moving average is $129.61. The firm has a market cap of $6.29 billion, a PE ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 52 week low of $145.00 and a 52 week high of $206.56.

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).