Uhlmann Price Securities LLC Sells 54,230 Shares of iShares U.S. Home Construction ETF $ITB

Uhlmann Price Securities LLC reduced its position in iShares U.S. Home Construction ETF (BATS:ITB) by 78.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,733 shares of the exchange traded fund’s stock after selling 54,230 shares during the quarter. Uhlmann Price Securities LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,282,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. lifted its stake in iShares U.S. Home Construction ETF by 353.7% in the second quarter. TD Waterhouse Canada Inc. now owns 245 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 191 shares during the period. Next Level Wealth Planning LLC purchased a new position in iShares U.S. Home Construction ETF during the 3rd quarter valued at about $44,000. RMG Wealth Management LLC purchased a new position in iShares U.S. Home Construction ETF during the 1st quarter valued at about $65,000. Signature Equity Partners LLC increased its position in iShares U.S. Home Construction ETF by 10,571.4% during the 1st quarter. Signature Equity Partners LLC now owns 747 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 740 shares during the period. Finally, Provenance Wealth Advisors LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 54.4% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,419 shares of the exchange traded fund’s stock valued at $123,000 after purchasing an additional 500 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $96.53 on Friday. The firm has a 50-day simple moving average of $89.68 and a 200-day simple moving average of $95.95. iShares U.S. Home Construction ETF has a one year low of $82.08 and a one year high of $115.26. The firm has a market cap of $2.27 billion, a P/E ratio of 17.46 and a beta of 1.27.

iShares U.S. Home Construction ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.2104 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.1592. This represents a $0.84 annualized dividend and a yield of 0.9%.

iShares U.S. Home Construction ETF Company 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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.