Spectrum Wealth Counsel LLC Increases Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Spectrum Wealth Counsel LLC boosted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,054 shares of the exchange traded fund’s stock after buying an additional 282 shares during the quarter. Spectrum Wealth Counsel LLC owned 0.18% of iShares U.S. Home Construction ETF worth $4,762,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Stonebridge Financial Planning Group LLC boosted its stake in iShares U.S. Home Construction ETF by 0.7% during the third quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock worth $1,824,000 after buying an additional 96 shares during the period. Kestra Private Wealth Services LLC lifted its position in shares of iShares U.S. Home Construction ETF by 1.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 7,867 shares of the exchange traded fund’s stock worth $813,000 after purchasing an additional 110 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its position in shares of iShares U.S. Home Construction ETF by 2.6% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 6,068 shares of the exchange traded fund’s stock worth $627,000 after purchasing an additional 151 shares in the last quarter. FMR LLC lifted its position in shares of iShares U.S. Home Construction ETF by 1.4% during the third quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock worth $1,626,000 after purchasing an additional 182 shares in the last quarter. Finally, Guardian Asset Advisors LLC lifted its position in shares of iShares U.S. Home Construction ETF by 4.2% during the fourth quarter. Guardian Asset Advisors LLC now owns 4,892 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 196 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Down 6.1 %

Shares of ITB opened at $98.85 on Friday. The business’s 50 day moving average is $104.34 and its two-hundred day moving average is $114.89. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 11.84 and a beta of 1.57.

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.