Apeiron RIA LLC Decreases Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Apeiron RIA LLC reduced its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,976 shares of the exchange traded fund’s stock after selling 363 shares during the period. Apeiron RIA LLC’s holdings in iShares U.S. Home Construction ETF were worth $928,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its stake in shares of iShares U.S. Home Construction ETF by 3,425.0% during the 3rd 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 iShares U.S. Home Construction ETF during the third quarter worth $37,000. Darwin Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth $40,000. FSA Wealth Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the third quarter valued at $46,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Home Construction ETF during the third quarter valued at $118,000.

iShares U.S. Home Construction ETF Trading Up 4.2 %

Shares of ITB stock opened at $109.75 on Friday. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The firm has a 50-day moving average price of $111.55 and a 200 day moving average price of $116.38.

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.