Park Edge Advisors LLC Has $239,000 Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Park Edge Advisors LLC lessened its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 84.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,308 shares of the exchange traded fund’s stock after selling 12,323 shares during the quarter. Park Edge Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $239,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 3,425.0% in the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 274 shares during the period. Blue Trust Inc. acquired a new position in iShares U.S. Home Construction ETF in the 3rd quarter valued at $37,000. Darwin Wealth Management LLC bought a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter valued at $40,000. FSA Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $46,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $118,000.

iShares U.S. Home Construction ETF Stock Up 3.3 %

ITB stock opened at $108.76 on Friday. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The business has a 50-day simple moving average of $111.37 and a 200 day simple moving average of $116.58. The company has a market cap of $2.76 billion, a PE ratio of 11.56 and a beta of 1.41.

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.