iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lessened its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 13.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,614 shares of the exchange traded fund’s stock after selling 738 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Home Construction ETF were worth $477,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ITB. Larson Financial Group LLC raised its holdings in iShares U.S. Home Construction ETF by 3,425.0% during the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 274 shares in the last quarter. Blue Trust Inc. purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $37,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter worth $40,000. FSA Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $46,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at $118,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock opened at $103.57 on Wednesday. The stock’s 50-day moving average is $107.72 and its two-hundred day moving average is $116.11. 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 $2.63 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

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.