Ascent Group LLC Sells 5,976 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Ascent Group LLC cut its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB – Get Rating) by 20.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,575 shares of the exchange traded fund’s stock after selling 5,976 shares during the period. Ascent Group LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,327,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SNC increased its holdings in shares of iShares U.S. Home Construction ETF by 22.1% during the third quarter. BNP Paribas Arbitrage SNC now owns 1,382,483 shares of the exchange traded fund’s stock worth $71,944,000 after buying an additional 250,261 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of iShares U.S. Home Construction ETF by 1.3% during the second quarter. BNP Paribas Arbitrage SA now owns 1,132,222 shares of the exchange traded fund’s stock worth $59,442,000 after buying an additional 14,648 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of iShares U.S. Home Construction ETF during the third quarter worth $48,423,000. Jane Street Group LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 458.9% during the second quarter. Jane Street Group LLC now owns 577,164 shares of the exchange traded fund’s stock worth $30,301,000 after buying an additional 737,977 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in shares of iShares U.S. Home Construction ETF by 5,355.5% during the second quarter. Thrivent Financial for Lutherans now owns 504,194 shares of the exchange traded fund’s stock worth $26,470,000 after buying an additional 494,952 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS:ITB opened at $67.61 on Wednesday. The company has a fifty day moving average of $67.52 and a 200-day moving average of $60.73. The company has a market capitalization of $1.52 billion, a PE ratio of 7.49 and a beta of 1.35. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56.

iShares U.S. Home Construction ETF Profile

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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.