iShares U.S. Home Construction ETF $ITB Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 24.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,157 shares of the exchange traded fund’s stock after selling 16,539 shares during the period. Commonwealth Equity Services LLC owned about 0.23% of iShares U.S. Home Construction ETF worth $5,594,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Pinnacle Associates Ltd. lifted its position in iShares U.S. Home Construction ETF by 0.6% during the second quarter. Pinnacle Associates Ltd. now owns 16,235 shares of the exchange traded fund’s stock worth $1,513,000 after buying an additional 100 shares in the last quarter. Advisory Alpha LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 3.7% during the 2nd quarter. Advisory Alpha LLC now owns 3,279 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 118 shares during the period. Prospera Financial Services Inc lifted its position in iShares U.S. Home Construction ETF by 2.7% in the second quarter. Prospera Financial Services Inc now owns 4,665 shares of the exchange traded fund’s stock valued at $435,000 after buying an additional 123 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of iShares U.S. Home Construction ETF by 1.7% in the 2nd quarter. Truist Financial Corp now owns 9,220 shares of the exchange traded fund’s stock worth $859,000 after acquiring an additional 153 shares during the last quarter. Finally, US Bancorp DE raised its position in iShares U.S. Home Construction ETF by 2.7% in the second quarter. US Bancorp DE now owns 6,713 shares of the exchange traded fund’s stock valued at $625,000 after purchasing an additional 175 shares during the period.

iShares U.S. Home Construction ETF Trading Up 2.5%

ITB stock opened at $107.94 on Thursday. The business’s fifty day moving average price is $100.05 and its 200 day moving average price is $102.97. 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 capitalization of $2.48 billion, a PE 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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.