Commonwealth Equity Services LLC Sells 45,469 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Commonwealth Equity Services LLC trimmed its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 34.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,956 shares of the exchange traded fund’s stock after selling 45,469 shares during the period. Commonwealth Equity Services LLC owned 0.35% of iShares U.S. Home Construction ETF worth $9,094,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ITB. Strategic Financial Concepts LLC bought a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at $160,000. Park Avenue Securities LLC grew its stake in shares of iShares U.S. Home Construction ETF by 27.8% during the fourth quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 980 shares during the period. Empowered Funds LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at about $489,000. US Bancorp DE lifted its stake in iShares U.S. Home Construction ETF by 49.0% in the fourth quarter. US Bancorp DE now owns 6,431 shares of the exchange traded fund’s stock valued at $665,000 after buying an additional 2,114 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in iShares U.S. Home Construction ETF by 43.3% during the third quarter. HighTower Advisors LLC now owns 72,136 shares of the exchange traded fund’s stock worth $9,173,000 after buying an additional 21,803 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 8.4 %

iShares U.S. Home Construction ETF stock opened at $96.50 on Thursday. The firm has a market capitalization of $2.41 billion, a P/E ratio of 11.19 and a beta of 1.61. The business has a 50-day moving average of $102.56 and a 200-day moving average of $112.91. iShares U.S. Home Construction ETF has a 1 year low of $93.45 and a 1 year high of $129.89.

iShares U.S. Home Construction ETF 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.