iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Beckerman Institutional LLC

Beckerman Institutional LLC cut its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 1.6% during the 4th quarter, Holdings Channel reports. The firm owned 7,605 shares of the exchange traded fund’s stock after selling 127 shares during the period. Beckerman Institutional LLC’s holdings in iShares U.S. Home Construction ETF were worth $786,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Stonebridge Financial Planning Group LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 0.7% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock worth $1,824,000 after acquiring an additional 96 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 1.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 7,867 shares of the exchange traded fund’s stock valued at $813,000 after buying an additional 110 shares in the last quarter. Great Diamond Partners LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 1.0% during the third quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after buying an additional 169 shares in the last quarter. FMR LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 1.4% during the third quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock valued at $1,626,000 after buying an additional 182 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in shares of iShares U.S. Home Construction ETF by 5.3% during the fourth quarter. AdvisorNet Financial Inc now owns 4,001 shares of the exchange traded fund’s stock valued at $414,000 after buying an additional 203 shares in the last quarter.

iShares U.S. Home Construction ETF Trading Down 3.4 %

Shares of ITB stock opened at $101.69 on Thursday. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The stock’s fifty day simple moving average is $107.35 and its 200-day simple moving average is $116.01.

About iShares U.S. Home Construction ETF

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes.