J.W. Cole Advisors Inc. Decreases Stake in iShares U.S. Home Construction ETF (BATS:ITB)

J.W. Cole Advisors Inc. lessened its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 5.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,677 shares of the exchange traded fund’s stock after selling 169 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Home Construction ETF were worth $340,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ITB. BNP Paribas Financial Markets boosted its holdings in shares of iShares U.S. Home Construction ETF by 56.8% during the 1st quarter. BNP Paribas Financial Markets now owns 1,714,182 shares of the exchange traded fund’s stock worth $198,451,000 after purchasing an additional 621,078 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in iShares U.S. Home Construction ETF during the second quarter worth $157,000. Hollencrest Capital Management grew its holdings in iShares U.S. Home Construction ETF by 61,853.2% in the 1st quarter. Hollencrest Capital Management now owns 154,883 shares of the exchange traded fund’s stock valued at $17,931,000 after buying an additional 154,633 shares in the last quarter. Mirae Asset Securities USA Inc. purchased a new stake in iShares U.S. Home Construction ETF in the 2nd quarter valued at $15,159,000. Finally, Marks Wealth LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $11,211,000.

iShares U.S. Home Construction ETF Trading Down 0.4 %

Shares of ITB stock opened at $117.22 on Friday. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The company’s 50-day moving average price is $122.91 and its 200-day moving average price is $112.77. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

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.