Arlington Capital Management Inc. Sells 3,757 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Arlington Capital Management Inc. cut its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,772 shares of the exchange traded fund’s stock after selling 3,757 shares during the period. iShares U.S. Home Construction ETF comprises about 5.1% of Arlington Capital Management Inc.’s holdings, making the stock its 4th largest position. Arlington Capital Management Inc. owned about 0.19% of iShares U.S. Home Construction ETF worth $6,072,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Axxcess Wealth Management LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 2.5% in the second quarter. Axxcess Wealth Management LLC now owns 417,932 shares of the exchange traded fund’s stock worth $42,236,000 after acquiring an additional 10,173 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of iShares U.S. Home Construction ETF by 5.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 257,634 shares of the exchange traded fund’s stock valued at $29,827,000 after buying an additional 12,835 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the second quarter valued at approximately $157,000. Mirae Asset Securities USA Inc. acquired a new stake in iShares U.S. Home Construction ETF during the second quarter worth approximately $15,159,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Home Construction ETF by 6.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 139,792 shares of the exchange traded fund’s stock worth $14,127,000 after purchasing an additional 8,966 shares during the period.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock traded down $0.07 during trading on Monday, hitting $117.15. The company’s stock had a trading volume of 1,439,878 shares. The stock’s fifty day moving average is $122.77 and its 200 day moving average is $113.02. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The stock has a market capitalization of $2.98 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.