Leuthold Group LLC Sells 5,996 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Leuthold Group LLC reduced its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 14.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 36,892 shares of the exchange traded fund’s stock after selling 5,996 shares during the period. Leuthold Group LLC owned about 0.15% of iShares U.S. Home Construction ETF worth $3,814,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of ITB. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in iShares U.S. Home Construction ETF during the third quarter worth $63,042,000. Empirical Asset Management LLC purchased a new position in iShares U.S. Home Construction ETF during the 4th quarter worth $24,537,000. BNP Paribas Financial Markets grew its stake in shares of iShares U.S. Home Construction ETF by 25.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock worth $109,481,000 after acquiring an additional 173,654 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at about $160,000. Finally, Kingsview Wealth Management LLC lifted its position in shares of iShares U.S. Home Construction ETF by 1,096.5% during the third quarter. Kingsview Wealth Management LLC now owns 64,406 shares of the exchange traded fund’s stock valued at $8,186,000 after purchasing an additional 59,023 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock opened at $98.25 on Friday. The stock has a market cap of $2.50 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The firm’s 50-day simple moving average is $105.18 and its 200 day simple moving average is $115.23.

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.