Capital Investment Counsel LLC Trims Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Capital Investment Counsel LLC lessened its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,680 shares of the exchange traded fund’s stock after selling 155 shares during the quarter. Capital Investment Counsel LLC’s holdings in iShares U.S. Home Construction ETF were worth $277,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. BNP Paribas Financial Markets increased 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 valued at $109,481,000 after purchasing an additional 173,654 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth about $63,042,000. Capital Asset Advisory Services LLC raised its holdings in iShares U.S. Home Construction ETF by 2.8% during the fourth quarter. Capital Asset Advisory Services LLC now owns 367,387 shares of the exchange traded fund’s stock worth $37,955,000 after purchasing an additional 9,934 shares in the last quarter. Empirical Asset Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $24,537,000. Finally, Marks Wealth LLC acquired a new stake in iShares U.S. Home Construction ETF during the third quarter worth approximately $11,211,000.

iShares U.S. Home Construction ETF Trading Up 3.7 %

Shares of ITB stock opened at $109.24 on Wednesday. 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 $2.77 billion, a PE ratio of 11.56 and a beta of 1.41. The company’s fifty day simple moving average is $111.09 and its 200-day simple moving average is $116.73.

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.