Peddock Capital Advisors LLC Has $2.18 Million Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Peddock Capital Advisors LLC lowered its position in iShares U.S. Home Construction ETF (BATS:ITB) by 3.1% during the 3rd quarter, Holdings Channel reports. The fund owned 17,169 shares of the exchange traded fund’s stock after selling 556 shares during the period. Peddock Capital Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $2,182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management raised its position in shares of iShares U.S. Home Construction ETF by 516.4% during the third quarter. Brookstone Capital Management now owns 13,062 shares of the exchange traded fund’s stock worth $1,660,000 after purchasing an additional 10,943 shares during the period. Dynamic Advisor Solutions LLC bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $1,028,000. SMI Advisory Services LLC bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $5,225,000. HBW Advisory Services LLC raised its holdings in iShares U.S. Home Construction ETF by 154.8% during the third quarter. HBW Advisory Services LLC now owns 7,523 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 4,570 shares during the last quarter. Finally, Park Avenue Securities LLC bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter valued at $448,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB traded up $0.93 during mid-day trading on Wednesday, reaching $124.46. 1,501,286 shares of the company’s stock traded hands. The business has a 50-day simple moving average of $119.99 and a 200 day simple moving average of $111.46. The stock has a market cap of $3.16 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56.

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.