Beacon Capital Management LLC Reduces Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Beacon Capital Management LLC decreased its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 64.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 207 shares of the company’s stock after selling 383 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $27,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 10.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,928 shares of the company’s stock valued at $7,461,000 after purchasing an additional 5,605 shares during the period. Raymond James & Associates increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 12.4% during the second quarter. Raymond James & Associates now owns 246,200 shares of the company’s stock valued at $32,511,000 after buying an additional 27,071 shares during the period. Miracle Mile Advisors LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 9.1% during the second quarter. Miracle Mile Advisors LLC now owns 2,394 shares of the company’s stock valued at $316,000 after acquiring an additional 200 shares in the last quarter. Stephens Inc. AR lifted its stake in iShares U.S. Aerospace & Defense ETF by 41.3% in the fourth quarter. Stephens Inc. AR now owns 11,264 shares of the company’s stock worth $1,426,000 after acquiring an additional 3,293 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 63.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock valued at $60,538,000 after acquiring an additional 184,937 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 0.6 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $144.81 on Friday. 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 market cap of $6.81 billion, a P/E ratio of 29.96 and a beta of 0.60. The company’s fifty day simple moving average is $137.00 and its two-hundred day simple moving average is $132.80.

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).