Jefferies Financial Group Inc. Sells 70,190 Shares of iShares U.S. Home Construction ETF $ITB

Jefferies Financial Group Inc. lowered its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 96.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,640 shares of the exchange traded fund’s stock after selling 70,190 shares during the quarter. Jefferies Financial Group Inc.’s holdings in iShares U.S. Home Construction ETF were worth $254,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. High Point Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $25,000. Aventura Private Wealth LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $29,000. Darwin Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter worth about $29,000. Capital Investment Advisory Services LLC boosted its position in shares of iShares U.S. Home Construction ETF by 675.0% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 310 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 270 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth about $36,000.

iShares U.S. Home Construction ETF Price Performance

ITB stock opened at $93.06 on Monday. The stock has a market capitalization of $2.14 billion, a PE ratio of 10.18 and a beta of 1.31. The company’s 50-day moving average is $92.80 and its 200-day moving average is $99.12. iShares U.S. Home Construction ETF has a 1 year low of $84.98 and a 1 year high of $118.00.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.