iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by SPC Financial Inc.

SPC Financial Inc. lowered its position in iShares U.S. Home Construction ETF (BATS:ITB) by 6.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 198,591 shares of the exchange traded fund’s stock after selling 14,294 shares during the period. iShares U.S. Home Construction ETF makes up approximately 1.9% of SPC Financial Inc.’s investment portfolio, making the stock its 18th largest holding. SPC Financial Inc. owned 0.78% of iShares U.S. Home Construction ETF worth $20,070,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in shares of iShares U.S. Home Construction ETF by 4.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 164 shares during the period. Stifel Financial Corp increased its stake in shares of iShares U.S. Home Construction ETF by 4.1% in the 4th quarter. Stifel Financial Corp now owns 135,073 shares of the exchange traded fund’s stock valued at $13,742,000 after purchasing an additional 5,302 shares in the last quarter. Cetera Advisor Networks LLC raised its holdings in iShares U.S. Home Construction ETF by 47.6% in the 4th quarter. Cetera Advisor Networks LLC now owns 57,737 shares of the exchange traded fund’s stock worth $5,874,000 after purchasing an additional 18,620 shares during the period. Traction Financial Partners LLC acquired a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $218,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $61,246,000.

iShares U.S. Home Construction ETF Trading Up 0.3 %

ITB stock opened at $127.11 on Tuesday. The company has a market cap of $3.23 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The firm has a 50-day moving average of $119.06 and a two-hundred day moving average of $110.86. 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.