iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Carl P. Sherr & Co. LLC

Carl P. Sherr & Co. LLC lessened its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 45.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,774 shares of the exchange traded fund’s stock after selling 2,292 shares during the quarter. Carl P. Sherr & Co. LLC’s holdings in iShares U.S. Home Construction ETF were worth $287,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. purchased a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth about $37,000. Strategic Financial Concepts LLC acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter worth about $160,000. Park Avenue Securities LLC grew its holdings in iShares U.S. Home Construction ETF by 27.8% in the fourth quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 980 shares during the period. Sigma Planning Corp increased its position in shares of iShares U.S. Home Construction ETF by 49.0% in the third quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after buying an additional 3,117 shares in the last quarter. Finally, Frank Rimerman Advisors LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $210,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $98.25 on Friday. The business’s 50 day moving average price is $105.18 and its 200-day moving average price is $115.23. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

About iShares U.S. Home Construction ETF

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.