Benjamin F. Edwards & Company Inc. Cuts Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Benjamin F. Edwards & Company Inc. trimmed its position in iShares U.S. Home Construction ETF (BATS:ITB) by 58.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,149 shares of the exchange traded fund’s stock after selling 5,857 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in iShares U.S. Home Construction ETF were worth $422,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ITB. Anchor Investment Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at about $43,000. Simplex Trading LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the third quarter valued at approximately $91,000. Avior Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the fourth quarter worth $135,000. NBC Securities Inc. purchased a new position in iShares U.S. Home Construction ETF in the third quarter worth $138,000. Finally, Planned Solutions Inc. acquired a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at $146,000.

iShares U.S. Home Construction ETF Stock Down 1.2 %

BATS:ITB opened at $106.64 on Thursday. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The firm’s fifty day simple moving average is $108.69 and its 200-day simple moving average is $99.41. The stock has a market cap of $2.71 billion, a PE ratio of 11.56 and a beta of 1.41.

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.