Total Clarity Wealth Management Inc. Reduces Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Total Clarity Wealth Management Inc. reduced its position in iShares U.S. Home Construction ETF (BATS:ITBFree Report) by 5.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 10,704 shares of the exchange traded fund’s stock after selling 565 shares during the period. Total Clarity Wealth Management Inc.’s holdings in iShares U.S. Home Construction ETF were worth $1,082,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of ITB. Vima LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the fourth quarter worth about $27,000. Tortoise Investment Management LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $34,000. VitalStone Financial LLC purchased a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $45,000. Capital Investment Advisory Services LLC grew its stake in iShares U.S. Home Construction ETF by 171.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 643 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 1,548 shares in the last quarter. Finally, Adirondack Trust Co. raised its holdings in iShares U.S. Home Construction ETF by 37.2% during the 4th quarter. Adirondack Trust Co. now owns 704 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 191 shares during the period.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $123.97 on Monday. The firm has a market capitalization of $3.15 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56. The business has a fifty day moving average price of $115.18 and a 200-day moving average price of $109.55.

iShares U.S. Home Construction ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITBFree Report).

Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

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