HBW Advisory Services LLC Sells 1,888 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

HBW Advisory Services LLC reduced its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 25.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,635 shares of the exchange traded fund’s stock after selling 1,888 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $583,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BNP Paribas Financial Markets grew its position in iShares U.S. Home Construction ETF by 25.3% in the third 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 bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $63,042,000. Axxcess Wealth Management LLC increased its position in shares of iShares U.S. Home Construction ETF by 2.5% in the second quarter. Axxcess Wealth Management LLC now owns 417,932 shares of the exchange traded fund’s stock valued at $42,236,000 after acquiring an additional 10,173 shares during the last quarter. Marks Wealth LLC bought a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $11,211,000. Finally, Private Advisor Group LLC boosted its position in iShares U.S. Home Construction ETF by 47.6% during the third quarter. Private Advisor Group LLC now owns 77,264 shares of the exchange traded fund’s stock valued at $9,820,000 after purchasing an additional 24,920 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Down 2.1 %

BATS:ITB opened at $100.66 on Friday. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The stock’s 50 day moving average price is $114.06 and its two-hundred day moving average price is $115.89.

About iShares U.S. Home Construction ETF

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.