Ignite Planners LLC Reduces Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Ignite Planners LLC lowered its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 5.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,326 shares of the exchange traded fund’s stock after selling 128 shares during the quarter. Ignite Planners LLC’s holdings in iShares U.S. Home Construction ETF were worth $296,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Brookstone Capital Management purchased a new position in iShares U.S. Home Construction ETF in the first quarter valued at about $400,000. Blackstone Inc. acquired a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $10,173,000. AdvisorNet Financial Inc increased its position in iShares U.S. Home Construction ETF by 17.2% in the 1st quarter. AdvisorNet Financial Inc now owns 4,296 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 631 shares during the period. Centaurus Financial Inc. lifted its holdings in shares of iShares U.S. Home Construction ETF by 744.1% in the fourth quarter. Centaurus Financial Inc. now owns 45,622 shares of the exchange traded fund’s stock valued at $4,641,000 after buying an additional 40,217 shares during the period. Finally, MONECO Advisors LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth approximately $206,000.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $124.46 on Wednesday. The firm’s 50 day simple moving average is $119.99 and its 200-day simple moving average is $111.46. The company has a market cap of $3.16 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.

iShares U.S. Home Construction ETF Company Profile

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.