Family Capital Management Inc. Sells 426 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Family Capital Management Inc. lowered its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 14.4% in the 4th quarter, HoldingsChannel reports. The fund owned 2,540 shares of the exchange traded fund’s stock after selling 426 shares during the period. Family Capital Management Inc.’s holdings in iShares U.S. Home Construction ETF were worth $258,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. US Bancorp DE raised its stake in iShares U.S. Home Construction ETF by 8.1% in the first quarter. US Bancorp DE now owns 2,340 shares of the exchange traded fund’s stock worth $139,000 after buying an additional 176 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of iShares U.S. Home Construction ETF by 80.0% during the first quarter. Brown Brothers Harriman & Co. now owns 1,800 shares of the exchange traded fund’s stock valued at $107,000 after buying an additional 800 shares during the last quarter. Ergoteles LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the first quarter worth $3,373,000. Stamos Capital Partners L.P. boosted its holdings in shares of iShares U.S. Home Construction ETF by 73.1% in the 1st quarter. Stamos Capital Partners L.P. now owns 42,060 shares of the exchange traded fund’s stock valued at $2,492,000 after acquiring an additional 17,760 shares during the last quarter. Finally, Mariner LLC raised its position in shares of iShares U.S. Home Construction ETF by 4.0% in the first quarter. Mariner LLC now owns 20,710 shares of the exchange traded fund’s stock worth $1,227,000 after acquiring an additional 805 shares during the period.

iShares U.S. Home Construction ETF Stock Up 0.1 %

Shares of BATS:ITB traded up $0.09 during trading on Thursday, reaching $103.02. 2,060,349 shares of the company’s stock traded hands. 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 company has a 50-day simple moving average of $108.30 and a 200-day simple moving average of $96.32. The firm has a market cap of $2.88 billion, a PE ratio of 11.72 and a beta of 1.38.

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.