Jmac Enterprises LLC lowered its position in shares of iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 75.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 12,329 shares of the exchange traded fund’s stock after selling 36,925 shares during the quarter. Jmac Enterprises LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,149,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. OneDigital Investment Advisors LLC acquired a new stake in iShares U.S. Home Construction ETF during the first quarter valued at approximately $212,000. Avantax Advisory Services Inc. acquired a new stake in iShares U.S. Home Construction ETF during the first quarter valued at approximately $256,000. Sowell Financial Services LLC acquired a new stake in iShares U.S. Home Construction ETF during the first quarter valued at approximately $320,000. PNC Financial Services Group Inc. raised its stake in iShares U.S. Home Construction ETF by 4.0% during the first quarter. PNC Financial Services Group Inc. now owns 3,144 shares of the exchange traded fund’s stock valued at $299,000 after buying an additional 121 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in iShares U.S. Home Construction ETF by 5.9% during the first quarter. Envestnet Asset Management Inc. now owns 29,502 shares of the exchange traded fund’s stock valued at $2,809,000 after buying an additional 1,639 shares in the last quarter.
iShares U.S. Home Construction ETF Stock Up 2.8%
Shares of BATS ITB opened at $108.25 on Friday. The stock has a market capitalization of $2.49 billion, a P/E ratio of 10.18 and a beta of 1.31. The stock’s 50 day moving average price is $108.21 and its two-hundred day moving average price is $98.14. iShares U.S. Home Construction ETF has a 52-week low of $82.71 and a 52-week high of $129.89.
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.
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Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Free Report).
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