iShares U.S. Home Construction ETF (BATS:ITB) Holdings Trimmed by Comerica Bank

Comerica Bank lowered its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 27.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,760 shares of the exchange traded fund’s stock after selling 1,063 shares during the quarter. Comerica Bank’s holdings in iShares U.S. Home Construction ETF were worth $285,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF during the fourth quarter valued at about $28,000. Flagship Wealth Advisors LLC bought a new position in iShares U.S. Home Construction ETF during the fourth quarter valued at about $37,000. Redwood Park Advisors LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $39,000. Physician Wealth Advisors Inc. purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $48,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $52,000.

iShares U.S. Home Construction ETF Stock Down 9.4%

Shares of BATS ITB opened at $95.40 on Friday. iShares U.S. Home Construction ETF has a 12 month low of $82.71 and a 12 month high of $129.89. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 10.82 and a beta of 1.38. The business has a fifty day simple moving average of $92.62 and a 200-day simple moving average of $103.80.

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.