D.A. Davidson & CO. Sells 500 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

D.A. Davidson & CO. lessened its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,511 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares U.S. Home Construction ETF were worth $1,294,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $28,000. Larson Financial Group LLC lifted its position in shares of iShares U.S. Home Construction ETF by 3,425.0% during the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 274 shares during the period. Blue Trust Inc. bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $37,000. Darwin Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $40,000. Finally, FSA Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $46,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $98.25 on Friday. The stock has a fifty day moving average price of $105.18 and a two-hundred day moving average price of $115.25. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The company has a market cap of $2.50 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.