Vista Investment Management Trims Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Vista Investment Management cut its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 12.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,203 shares of the exchange traded fund’s stock after selling 300 shares during the period. Vista Investment Management’s holdings in iShares U.S. Home Construction ETF were worth $228,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC raised its stake in shares of iShares U.S. Home Construction ETF by 27.8% during the fourth quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $466,000 after acquiring an additional 980 shares in the last quarter. Ameritas Advisory Services LLC lifted its stake in iShares U.S. Home Construction ETF by 67.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 7,008 shares of the exchange traded fund’s stock worth $725,000 after acquiring an additional 2,829 shares during the period. Koshinski Asset Management Inc. grew its holdings in iShares U.S. Home Construction ETF by 20.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 3,648 shares of the exchange traded fund’s stock worth $377,000 after acquiring an additional 616 shares in the last quarter. Secure Asset Management LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 38.8% in the 4th quarter. Secure Asset Management LLC now owns 3,839 shares of the exchange traded fund’s stock valued at $397,000 after purchasing an additional 1,074 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 3.5% during the fourth quarter. Cottonwood Capital Advisors LLC now owns 51,265 shares of the exchange traded fund’s stock valued at $5,300,000 after purchasing an additional 1,755 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Down 11.3%

Shares of BATS:ITB opened at $93.37 on Wednesday. The firm has a 50 day moving average of $92.57 and a 200 day moving average of $103.27. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 10.82 and a beta of 1.38. iShares U.S. Home Construction ETF has a 52 week low of $82.71 and a 52 week high of $129.89.

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.