iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC reduced its position in iShares U.S. Home Construction ETF (BATS:ITB) by 3.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,169 shares of the exchange traded fund’s stock after selling 556 shares during the quarter. Peddock Capital Advisors LLC owned approximately 0.07% of iShares U.S. Home Construction ETF worth $2,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Brookstone Capital Management acquired a new stake in shares of iShares U.S. Home Construction ETF during the first quarter worth $400,000. Blackstone Inc. bought a new position in iShares U.S. Home Construction ETF in the fourth quarter worth about $10,173,000. AdvisorNet Financial Inc boosted its stake in iShares U.S. Home Construction ETF by 17.2% in the first 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. boosted its stake in 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 acquiring an additional 40,217 shares during the period. Finally, MONECO Advisors LLC bought a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $206,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of iShares U.S. Home Construction ETF stock traded up $0.93 on Wednesday, reaching $124.46. 1,501,286 shares of the company were exchanged. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The company’s 50-day moving average is $119.99 and its two-hundred day moving average is $111.46.

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.