Wealth Enhancement Advisory Services LLC Has $349,000 Stock Position in iShares U.S. Home Construction ETF $ITB

Wealth Enhancement Advisory Services LLC trimmed its position in iShares U.S. Home Construction ETF (BATS:ITB) by 84.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,625 shares of the exchange traded fund’s stock after selling 20,276 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of ITB. Whittier Trust Co. of Nevada Inc. bought a new position in iShares U.S. Home Construction ETF during the first quarter worth $29,000. Farther Finance Advisors LLC increased its position in iShares U.S. Home Construction ETF by 94.5% during the first quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 154 shares during the period. Golden State Wealth Management LLC increased its position in iShares U.S. Home Construction ETF by 101.5% during the first quarter. Golden State Wealth Management LLC now owns 540 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 272 shares during the period. CX Institutional bought a new position in iShares U.S. Home Construction ETF during the first quarter worth $64,000. Finally, North Capital Inc. bought a new position in iShares U.S. Home Construction ETF during the first quarter worth $79,000.

iShares U.S. Home Construction ETF Trading Down 1.5%

Shares of ITB stock opened at $103.72 on Wednesday. iShares U.S. Home Construction ETF has a 1 year low of $82.71 and a 1 year high of $129.89. The firm’s fifty day simple moving average is $108.57 and its 200 day simple moving average is $98.38. The firm has a market capitalization of $2.39 billion, a P/E ratio of 10.18 and a beta of 1.31.

About iShares U.S. Home Construction ETF

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.