iShares U.S. Home Construction ETF $ITB Shares Sold by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC reduced its position in iShares U.S. Home Construction ETF (BATS:ITB) by 11.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,204 shares of the exchange traded fund’s stock after selling 517 shares during the quarter. Guardian Asset Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. purchased a new position in iShares U.S. Home Construction ETF in the first quarter valued at about $29,000. Private Wealth Asset Management LLC acquired a new position in iShares U.S. Home Construction ETF in the second quarter worth about $36,000. Farther Finance Advisors LLC grew its stake in iShares U.S. Home Construction ETF by 64.7% in the second quarter. Farther Finance Advisors LLC now owns 522 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 205 shares in the last quarter. Golden State Wealth Management LLC grew its stake in iShares U.S. Home Construction ETF by 101.5% in the first quarter. Golden State Wealth Management LLC now owns 540 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 272 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the second quarter worth about $67,000.

iShares U.S. Home Construction ETF Stock Down 0.8%

Shares of ITB stock opened at $104.44 on Friday. The business has a 50 day moving average of $108.45 and a two-hundred day moving average of $99.06. iShares U.S. Home Construction ETF has a 52 week low of $82.71 and a 52 week high of $129.89. The company has a market cap of $2.40 billion, a P/E ratio of 10.18 and a beta of 1.31.

About iShares U.S. Home Construction ETF

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.