iShares U.S. Home Construction ETF (BATS:ITB) Position Lessened by Beckerman Institutional LLC

Beckerman Institutional LLC decreased its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,605 shares of the exchange traded fund’s stock after selling 127 shares during the period. Beckerman Institutional LLC’s holdings in iShares U.S. Home Construction ETF were worth $786,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $37,000. Park Avenue Securities LLC raised its stake in iShares U.S. Home Construction ETF by 27.8% during the 4th quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $466,000 after acquiring an additional 980 shares in the last quarter. Sigma Planning Corp raised its stake in iShares U.S. Home Construction ETF by 49.0% during the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after acquiring an additional 3,117 shares in the last quarter. Frank Rimerman Advisors LLC bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $210,000. Finally, Interchange Capital Partners LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter valued at $209,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock opened at $101.69 on Thursday. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The stock has a market cap of $2.58 billion, a PE ratio of 11.56 and a beta of 1.41. The business’s fifty day moving average is $107.35 and its 200-day moving average is $116.01.

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.