Werba Rubin Papier Wealth Management Sells 155 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Werba Rubin Papier Wealth Management trimmed its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 3.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,906 shares of the exchange traded fund’s stock after selling 155 shares during the period. Werba Rubin Papier Wealth Management’s holdings in iShares U.S. Home Construction ETF were worth $507,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. BNP Paribas Financial Markets raised its stake in shares of iShares U.S. Home Construction ETF by 25.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock valued at $109,481,000 after acquiring an additional 173,654 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $63,042,000. Capital Asset Advisory Services LLC increased its position in iShares U.S. Home Construction ETF by 2.8% in the 4th quarter. Capital Asset Advisory Services LLC now owns 367,387 shares of the exchange traded fund’s stock worth $37,955,000 after buying an additional 9,934 shares during the period. Empirical Asset Management LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $24,537,000. Finally, Strategic Financial Concepts LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $160,000.

iShares U.S. Home Construction ETF Stock Down 3.1 %

Shares of BATS ITB opened at $102.06 on Wednesday. The business’s 50 day moving average is $106.07 and its two-hundred day moving average is $115.54. The company has a market cap of $2.59 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56.

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.