iShares U.S. Home Construction ETF (BATS:ITB) Position Reduced by Stephens Inc. AR

Stephens Inc. AR decreased its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,791 shares of the exchange traded fund’s stock after selling 177 shares during the period. Stephens Inc. AR’s holdings in iShares U.S. Home Construction ETF were worth $702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at $28,000. Larson Financial Group LLC raised its stake in iShares U.S. Home Construction ETF by 3,425.0% during the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 274 shares during the period. Blue Trust Inc. acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $37,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $40,000. Finally, FSA Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $46,000.

iShares U.S. Home Construction ETF Stock Down 2.2 %

Shares of BATS:ITB opened at $102.95 on Friday. The company’s fifty day moving average is $107.02 and its two-hundred day moving average is $115.92. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56. The company has a market cap of $2.61 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.