Stephens Inc. AR Sells 933 Shares of iShares U.S. Home Construction ETF $ITB

Stephens Inc. AR cut its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 13.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 5,858 shares of the exchange traded fund’s stock after selling 933 shares during the period. Stephens Inc. AR’s holdings in iShares U.S. Home Construction ETF were worth $546,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ITB. Oppenheimer & Co. Inc. increased its position in shares of iShares U.S. Home Construction ETF by 14.3% during the first quarter. Oppenheimer & Co. Inc. now owns 7,422 shares of the exchange traded fund’s stock worth $707,000 after acquiring an additional 931 shares in the last quarter. Golden State Wealth Management LLC increased its position in shares of iShares U.S. Home Construction ETF by 101.5% during the first quarter. Golden State Wealth Management LLC now owns 540 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 272 shares in the last quarter. Diversified Trust Co bought a new stake in iShares U.S. Home Construction ETF in the 1st quarter worth about $666,000. Jaffetilchin Investment Partners LLC bought a new stake in iShares U.S. Home Construction ETF in the 1st quarter worth about $263,000. Finally, Koshinski Asset Management Inc. grew its position in iShares U.S. Home Construction ETF by 12.2% in the 1st quarter. Koshinski Asset Management Inc. now owns 4,093 shares of the exchange traded fund’s stock worth $390,000 after purchasing an additional 445 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock opened at $104.00 on Friday. 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 50-day simple moving average of $108.33 and a two-hundred day simple moving average of $99.29. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31.

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.