iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Seaview Investment Managers LLC

Seaview Investment Managers LLC reduced its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,438 shares of the exchange traded fund’s stock after selling 319 shares during the period. Seaview Investment Managers LLC owned approximately 0.09% of iShares U.S. Home Construction ETF worth $2,486,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in shares of iShares U.S. Home Construction ETF by 65.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 143,660 shares of the exchange traded fund’s stock worth $11,276,000 after purchasing an additional 56,943 shares during the last quarter. Hexagon Capital Partners LLC purchased a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at $81,000. Pinnacle Associates Ltd. grew its holdings in iShares U.S. Home Construction ETF by 1.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 13,790 shares of the exchange traded fund’s stock valued at $1,082,000 after buying an additional 175 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares U.S. Home Construction ETF by 48.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 98,838 shares of the exchange traded fund’s stock worth $7,758,000 after acquiring an additional 32,340 shares during the last quarter. Finally, Precision Wealth Strategies LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $323,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock traded up $0.19 on Wednesday, hitting $104.04. 2,513,061 shares of the stock traded hands. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The firm’s 50-day moving average price is $108.51 and its two-hundred day moving average price is $98.22. The stock has a market capitalization of $2.91 billion, a PE ratio of 11.72 and a beta of 1.38.

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.