Posted by admin on Jun 27th, 2022

Global Trust Asset Management LLC trimmed its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB – Get Rating) by 77.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,609 shares of the exchange traded fund’s stock after selling 5,581 shares during the quarter. Global Trust Asset Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $95,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cetera Advisors LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 20.6% in the 3rd quarter. Cetera Advisors LLC now owns 12,488 shares of the exchange traded fund’s stock valued at $826,000 after acquiring an additional 2,137 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of iShares U.S. Home Construction ETF by 6.6% during the 3rd quarter. Cetera Investment Advisers now owns 10,097 shares of the exchange traded fund’s stock worth $668,000 after buying an additional 628 shares during the last quarter. Moors & Cabot Inc. purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $29,000. Valeo Financial Advisors LLC acquired a new stake in iShares U.S. Home Construction ETF during the 4th quarter worth $223,000. Finally, Brookstone Capital Management purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at $1,681,000.

ITB opened at $53.54 on Monday. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56. The business’s 50-day simple moving average is $57.18 and its 200-day simple moving average is $65.13.

About iShares U.S. Home Construction ETF (Get Rating)

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.

Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Get Rating).

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