Fiduciary Planning LLC Sells 835 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Fiduciary Planning LLC decreased its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 17.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,945 shares of the exchange traded fund’s stock after selling 835 shares during the quarter. Fiduciary Planning LLC’s holdings in iShares U.S. Home Construction ETF were worth $376,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Wells Fargo & Company MN lifted its holdings in shares of iShares U.S. Home Construction ETF by 97.2% during the fourth quarter. Wells Fargo & Company MN now owns 629,829 shares of the exchange traded fund’s stock worth $65,118,000 after purchasing an additional 310,481 shares during the period. Two Sigma Investments LP bought a new position in iShares U.S. Home Construction ETF during the 4th quarter worth $24,954,000. Raymond James Financial Inc. bought a new position in iShares U.S. Home Construction ETF during the 4th quarter worth $23,351,000. Strategic Financial Concepts LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $160,000. Finally, Strategic Wealth Partners Ltd. acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $6,662,000.

iShares U.S. Home Construction ETF Trading Down 13.9%

BATS ITB opened at $90.68 on Friday. The firm has a market capitalization of $2.14 billion, a PE ratio of 10.82 and a beta of 1.31. The business’s 50-day moving average price is $91.05 and its two-hundred day moving average price is $100.92. iShares U.S. Home Construction ETF has a 12 month low of $82.71 and a 12 month high of $129.89.

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.