Sterling Investment Advisors Ltd. Has $627,000 Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Sterling Investment Advisors Ltd. raised its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,068 shares of the exchange traded fund’s stock after buying an additional 151 shares during the quarter. Sterling Investment Advisors Ltd.’s holdings in iShares U.S. Home Construction ETF were worth $627,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its stake in shares of iShares U.S. Home Construction ETF by 25.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock valued at $109,481,000 after buying an additional 173,654 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter worth about $63,042,000. Capital Asset Advisory Services LLC grew its holdings in iShares U.S. Home Construction ETF by 2.8% during the 4th quarter. Capital Asset Advisory Services LLC now owns 367,387 shares of the exchange traded fund’s stock worth $37,955,000 after acquiring an additional 9,934 shares during the last quarter. Empirical Asset Management LLC bought a new stake in iShares U.S. Home Construction ETF during the 4th quarter worth about $24,537,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $160,000.

iShares U.S. Home Construction ETF Trading Down 7.1 %

Shares of BATS ITB opened at $97.84 on Tuesday. The firm has a market capitalization of $2.49 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The firm’s 50-day moving average is $104.90 and its 200-day moving average is $115.19.

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.