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

Outlook Wealth Advisors LLC trimmed its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,622 shares of the exchange traded fund’s stock after selling 223 shares during the period. Outlook Wealth Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $891,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in ITB. Park Avenue Securities LLC boosted its position in iShares U.S. Home Construction ETF by 27.8% during the fourth quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 980 shares in the last quarter. AdvisorNet Financial Inc grew its stake in iShares U.S. Home Construction ETF by 5.3% in the 4th quarter. AdvisorNet Financial Inc now owns 4,001 shares of the exchange traded fund’s stock valued at $414,000 after acquiring an additional 203 shares during the period. Peddock Capital Advisors LLC increased its holdings in iShares U.S. Home Construction ETF by 1.7% in the 4th quarter. Peddock Capital Advisors LLC now owns 17,458 shares of the exchange traded fund’s stock worth $1,805,000 after acquiring an additional 289 shares in the last quarter. Aprio Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the fourth quarter worth $257,000. Finally, B. Riley Wealth Advisors Inc. increased its stake in shares of iShares U.S. Home Construction ETF by 2.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 13,471 shares of the exchange traded fund’s stock worth $1,706,000 after purchasing an additional 311 shares in the last quarter.

iShares U.S. Home Construction ETF Trading Up 2.5 %

ITB stock opened at $107.98 on Thursday. The business’s 50-day moving average is $112.78 and its 200 day moving average is $116.04. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56. The stock has a market cap of $2.74 billion, a price-to-earnings 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.