iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC decreased its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 1.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 50,824 shares of the exchange traded fund’s stock after selling 924 shares during the period. iShares U.S. Home Construction ETF accounts for about 2.8% of FOCUS Wealth Advisors LLC’s holdings, making the stock its 12th largest position. FOCUS Wealth Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $5,255,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in iShares U.S. Home Construction ETF by 5.9% during the 2nd quarter. Bank of Montreal Can now owns 6,987 shares of the exchange traded fund’s stock worth $707,000 after purchasing an additional 390 shares during the period. Toronto Dominion Bank purchased a new stake in iShares U.S. Home Construction ETF during the 2nd quarter worth about $3,538,000. Prairie Wealth Advisors Inc. increased its holdings in iShares U.S. Home Construction ETF by 9.5% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 6,319 shares of the exchange traded fund’s stock worth $639,000 after purchasing an additional 548 shares during the period. Creative Planning increased its holdings in iShares U.S. Home Construction ETF by 6.0% during the 2nd quarter. Creative Planning now owns 24,913 shares of the exchange traded fund’s stock worth $2,518,000 after purchasing an additional 1,416 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares U.S. Home Construction ETF by 4.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,820 shares of the exchange traded fund’s stock worth $2,104,000 after purchasing an additional 804 shares during the period.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB opened at $109.32 on Monday. The stock’s 50-day moving average is $112.32 and its two-hundred day moving average is $116.31. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The company has a market cap of $2.78 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.