Virtue Capital Management LLC Sells 2,800 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Virtue Capital Management LLC cut its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,068 shares of the company’s stock after selling 2,800 shares during the quarter. iShares U.S. Aerospace & Defense ETF comprises approximately 0.9% of Virtue Capital Management LLC’s holdings, making the stock its 26th biggest position. Virtue Capital Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,649,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James & Associates increased its position in 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 worth $32,511,000 after buying an additional 27,071 shares during the last quarter. Miracle Mile Advisors LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 9.1% during the 2nd quarter. Miracle Mile Advisors LLC now owns 2,394 shares of the company’s stock worth $316,000 after acquiring an additional 200 shares during the last quarter. Daymark Wealth Partners LLC bought a new stake in iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $206,000. Lion Street Advisors LLC raised its stake in iShares U.S. Aerospace & Defense ETF by 11.4% in the 3rd quarter. Lion Street Advisors LLC now owns 2,947 shares of the company’s stock valued at $441,000 after acquiring an additional 302 shares during the period. Finally, Banque Pictet & Cie SA lifted its holdings in iShares U.S. Aerospace & Defense ETF by 2.1% during the 2nd quarter. Banque Pictet & Cie SA now owns 28,850 shares of the company’s stock valued at $3,810,000 after purchasing an additional 590 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA stock opened at $149.92 on Wednesday. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60. The company has a fifty day moving average price of $151.74 and a two-hundred day moving average price of $143.70. iShares U.S. Aerospace & Defense ETF has a one year low of $145.00 and a one year 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).