iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Benjamin Edwards Inc.

Benjamin Edwards Inc. reduced its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 30.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,378 shares of the exchange traded fund’s stock after selling 1,022 shares during the period. Benjamin Edwards Inc.’s holdings in iShares U.S. Home Construction ETF were worth $246,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tudor Investment Corp ET AL boosted its stake in iShares U.S. Home Construction ETF by 292.5% during the fourth quarter. Tudor Investment Corp ET AL now owns 56,360 shares of the exchange traded fund’s stock worth $5,827,000 after buying an additional 42,000 shares during the period. Two Sigma Securities LLC purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter worth about $1,189,000. GeoWealth Management LLC boosted its stake in iShares U.S. Home Construction ETF by 7.9% during the fourth quarter. GeoWealth Management LLC now owns 3,478 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 254 shares during the period. Alexis Investment Partners LLC purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter worth about $455,000. Finally, NewEdge Advisors LLC boosted its stake in iShares U.S. Home Construction ETF by 12.5% during the fourth quarter. NewEdge Advisors LLC now owns 25,516 shares of the exchange traded fund’s stock worth $2,638,000 after buying an additional 2,831 shares during the period.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB stock opened at $92.70 on Monday. The firm has a market cap of $2.45 billion, a PE ratio of 10.57 and a beta of 1.45. The company has a 50-day moving average of $93.01 and a two-hundred day moving average of $104.44. 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 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.