Concurrent Investment Advisors LLC Has $581,000 Position in iShares U.S. Home Construction ETF $ITB

Concurrent Investment Advisors LLC lessened its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,232 shares of the exchange traded fund’s stock after selling 972 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $581,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ITB. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at about $29,000. Farther Finance Advisors LLC increased its position in iShares U.S. Home Construction ETF by 94.5% during the 1st quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 154 shares during the period. Golden State Wealth Management LLC increased its position in iShares U.S. Home Construction ETF by 101.5% during the 1st quarter. Golden State Wealth Management LLC now owns 540 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 272 shares during the period. RMG Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the 2nd quarter valued at approximately $67,000. Finally, North Capital Inc. acquired a new stake in iShares U.S. Home Construction ETF during the 1st quarter valued at approximately $79,000.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $103.51 on Friday. The company has a market capitalization of $2.38 billion, a PE ratio of 10.18 and a beta of 1.31. The company has a 50 day simple moving average of $108.70 and a two-hundred day simple moving average of $98.67. iShares U.S. Home Construction ETF has a fifty-two week low of $82.71 and a fifty-two week high of $129.89.

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.