Fiduciary Planning LLC Decreases Stock Position in iShares U.S. Home Construction ETF $ITB

Fiduciary Planning LLC decreased its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 15.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,333 shares of the exchange traded fund’s stock after selling 612 shares during the period. Fiduciary Planning LLC’s holdings in iShares U.S. Home Construction ETF were worth $311,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Menora Mivtachim Holdings LTD. purchased a new position in shares of iShares U.S. Home Construction ETF during the first quarter worth approximately $119,774,000. Junto Capital Management LP purchased a new position in iShares U.S. Home Construction ETF during the first quarter valued at approximately $33,955,000. Goldman Sachs Group Inc. boosted its stake in iShares U.S. Home Construction ETF by 22.2% in the first quarter. Goldman Sachs Group Inc. now owns 1,893,090 shares of the exchange traded fund’s stock valued at $180,241,000 after acquiring an additional 343,527 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares U.S. Home Construction ETF by 878.8% in the first quarter. Jones Financial Companies Lllp now owns 139,561 shares of the exchange traded fund’s stock valued at $13,288,000 after acquiring an additional 125,303 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of iShares U.S. Home Construction ETF by 19.4% during the first quarter. Royal Bank of Canada now owns 399,182 shares of the exchange traded fund’s stock worth $38,006,000 after buying an additional 64,877 shares during the period.

iShares U.S. Home Construction ETF Price Performance

Shares of iShares U.S. Home Construction ETF stock opened at $103.51 on Monday. The firm has a fifty day moving average price of $108.70 and a 200 day moving average price of $98.72. iShares U.S. Home Construction ETF has a 1 year low of $82.71 and a 1 year high of $129.89. The stock has a market cap of $2.38 billion, a PE ratio of 10.18 and a beta of 1.31.

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.