SG Americas Securities LLC lowered its position in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 28.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,010 shares of the exchange traded fund’s stock after selling 12,427 shares during the quarter. SG Americas Securities LLC’s holdings in iShares U.S. Home Construction ETF were worth $2,899,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Uhlmann Price Securities LLC bought a new position in iShares U.S. Home Construction ETF in the first quarter worth $1,132,000. World Investment Advisors bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $257,000. Corient Private Wealth LLC boosted its position in shares of iShares U.S. Home Construction ETF by 8.2% during the 4th quarter. Corient Private Wealth LLC now owns 2,761 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 210 shares in the last quarter. Sunbelt Securities Inc. increased its stake in iShares U.S. Home Construction ETF by 75.7% in the fourth quarter. Sunbelt Securities Inc. now owns 5,171 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 2,228 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in iShares U.S. Home Construction ETF by 31.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,005 shares of the exchange traded fund’s stock valued at $773,000 after acquiring an additional 1,932 shares during the period.
iShares U.S. Home Construction ETF Trading Up 0.5%
BATS ITB opened at $104.48 on Wednesday. iShares U.S. Home Construction ETF has a 1-year low of $84.98 and a 1-year high of $118.00. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. The stock’s 50 day moving average is $95.31 and its two-hundred day moving average is $98.74.
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.
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