Janney Montgomery Scott LLC Has $2.99 Million Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Janney Montgomery Scott LLC decreased its position in iShares U.S. Home Construction ETF (BATS:ITB) by 13.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,929 shares of the exchange traded fund’s stock after selling 4,384 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Home Construction ETF were worth $2,991,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ITB. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares U.S. Home Construction ETF in the third quarter valued at $63,042,000. Empirical Asset Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at $24,537,000. BNP Paribas Financial Markets lifted its holdings in shares of iShares U.S. Home Construction ETF by 25.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock worth $109,481,000 after acquiring an additional 173,654 shares during the period. Marks Wealth LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth about $11,211,000. Finally, Kingsview Wealth Management LLC boosted its position in shares of iShares U.S. Home Construction ETF by 1,096.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 64,406 shares of the exchange traded fund’s stock valued at $8,186,000 after acquiring an additional 59,023 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Up 1.8 %

BATS:ITB opened at $107.24 on Friday. The firm has a market capitalization of $2.72 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56. The firm has a 50-day moving average price of $110.45 and a 200 day moving average price of $116.61.

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.