iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC reduced its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 34.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,733 shares of the exchange traded fund’s stock after selling 3,069 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Home Construction ETF were worth $664,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ITB. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares U.S. Home Construction ETF by 3.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,308 shares of the exchange traded fund’s stock worth $337,000 after buying an additional 110 shares in the last quarter. Summit Financial LLC boosted its position in shares of iShares U.S. Home Construction ETF by 1.3% during the 4th quarter. Summit Financial LLC now owns 9,413 shares of the exchange traded fund’s stock worth $958,000 after purchasing an additional 117 shares in the last quarter. Cookson Peirce & Co. Inc. grew its stake in shares of iShares U.S. Home Construction ETF by 5.2% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 2,874 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 143 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of iShares U.S. Home Construction ETF by 4.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock valued at $382,000 after purchasing an additional 164 shares during the period. Finally, Adirondack Trust Co. boosted its holdings in iShares U.S. Home Construction ETF by 37.2% during the fourth quarter. Adirondack Trust Co. now owns 704 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 191 shares in the last quarter.

iShares U.S. Home Construction ETF Trading Up 0.2 %

Shares of iShares U.S. Home Construction ETF stock opened at $101.06 on Friday. The company has a 50-day moving average of $104.94 and a two-hundred day moving average of $104.89. The stock has a market cap of $2.57 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56.

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.