Stephens Inc. AR Has $546,000 Stake in iShares U.S. Home Construction ETF $ITB

Stephens Inc. AR decreased its position in iShares U.S. Home Construction ETF (BATS:ITB) by 13.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,858 shares of the exchange traded fund’s stock after selling 933 shares during the period. Stephens Inc. AR’s holdings in iShares U.S. Home Construction ETF were worth $546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. OneDigital Investment Advisors LLC acquired a new position in iShares U.S. Home Construction ETF in the first quarter valued at $212,000. Avantax Advisory Services Inc. bought a new stake in iShares U.S. Home Construction ETF in the first quarter valued at $256,000. PNC Financial Services Group Inc. increased its stake in iShares U.S. Home Construction ETF by 4.0% in the first quarter. PNC Financial Services Group Inc. now owns 3,144 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 121 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares U.S. Home Construction ETF by 9.9% in the second quarter. Janney Montgomery Scott LLC now owns 39,965 shares of the exchange traded fund’s stock valued at $3,724,000 after purchasing an additional 3,599 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in iShares U.S. Home Construction ETF by 5.9% in the first quarter. Envestnet Asset Management Inc. now owns 29,502 shares of the exchange traded fund’s stock valued at $2,809,000 after purchasing an additional 1,639 shares in the last quarter.

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

ITB opened at $104.00 on Friday. iShares U.S. Home Construction ETF has a 1-year low of $82.71 and a 1-year high of $129.89. The company has a market cap of $2.39 billion, a P/E ratio of 10.18 and a beta of 1.31. The company has a fifty day moving average price of $108.33 and a two-hundred day moving average price of $99.29.

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.