iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by SPC Financial Inc.

SPC Financial Inc. lessened its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,591 shares of the exchange traded fund’s stock after selling 14,294 shares during the quarter. iShares U.S. Home Construction ETF makes up about 1.9% of SPC Financial Inc.’s investment portfolio, making the stock its 18th largest holding. SPC Financial Inc.’s holdings in iShares U.S. Home Construction ETF were worth $20,070,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vima LLC bought a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at about $27,000. Tortoise Investment Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $34,000. VitalStone Financial LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter valued at approximately $45,000. Adirondack Trust Co. increased its position in iShares U.S. Home Construction ETF by 37.2% in the fourth quarter. Adirondack Trust Co. now owns 704 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 191 shares during the period. Finally, Opal Wealth Advisors LLC bought a new position in shares of iShares U.S. Home Construction ETF during the second quarter worth about $138,000.

iShares U.S. Home Construction ETF Stock Up 0.3 %

Shares of BATS:ITB opened at $127.11 on Tuesday. The company’s 50-day moving average price is $119.06 and its 200 day moving average price is $110.86. The company has a market cap of $3.23 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.

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.