Genesee Capital Advisors LLC Sells 17,187 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Genesee Capital Advisors LLC decreased its position in iShares U.S. Home Construction ETF (BATS:ITB) by 61.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 10,777 shares of the exchange traded fund’s stock after selling 17,187 shares during the period. Genesee Capital Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,370,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Marks Wealth LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $11,211,000. Blue Trust Inc. acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $37,000. Trust Co. of Vermont acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $191,000. Secure Asset Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $351,000. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $201,000.

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

Shares of BATS:ITB traded up $1.53 during trading on Monday, hitting $129.34. 1,656,251 shares of the company were exchanged. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The firm has a fifty day moving average price of $121.95 and a two-hundred day moving average price of $112.18.

iShares U.S. Home Construction ETF 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.