iShares U.S. Aerospace & Defense ETF (BATS:ITA) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.6% in the first quarter, Holdings Channel.com reports. The fund owned 3,944 shares of the company’s stock after selling 191 shares during the period. International Assets Investment Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $516,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lindbrook Capital LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 100.0% during the 4th quarter. Lindbrook Capital LLC now owns 200 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares during the period. Tortoise Investment Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at approximately $30,000. JNBA Financial Advisors acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at approximately $38,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at approximately $40,000. Finally, Solstein Capital LLC lifted its position in shares of 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 valued at $61,000 after acquiring an additional 85 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA opened at $134.38 on Monday. The firm has a 50 day simple moving average of $133.21 and a 200-day simple moving average of $128.48. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

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).