Stratos Wealth Partners LTD. Trims Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Stratos Wealth Partners LTD. decreased its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 53.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,130 shares of the exchange traded fund’s stock after selling 2,484 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Home Construction ETF were worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ITB. Wells Fargo & Company MN increased its stake in iShares U.S. Home Construction ETF by 97.2% in the 4th quarter. Wells Fargo & Company MN now owns 629,829 shares of the exchange traded fund’s stock valued at $65,118,000 after buying an additional 310,481 shares during the period. Capital Asset Advisory Services LLC increased its stake in iShares U.S. Home Construction ETF by 2.8% in the 1st quarter. Capital Asset Advisory Services LLC now owns 377,529 shares of the exchange traded fund’s stock valued at $36,473,000 after buying an additional 10,142 shares during the period. Royal Bank of Canada increased its stake in iShares U.S. Home Construction ETF by 11.8% in the 4th quarter. Royal Bank of Canada now owns 334,305 shares of the exchange traded fund’s stock valued at $34,564,000 after buying an additional 35,315 shares during the period. Two Sigma Investments LP acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $24,954,000. Finally, Raymond James Financial Inc. acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $23,351,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $95.01 on Thursday. The stock has a market capitalization of $2.19 billion, a P/E ratio of 10.18 and a beta of 1.31. The company’s fifty day moving average is $92.92 and its two-hundred day moving average is $96.51. iShares U.S. Home Construction ETF has a 1 year low of $82.71 and a 1 year high of $129.89.

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.