iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC lowered its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,824 shares of the exchange traded fund’s stock after selling 924 shares during the period. iShares U.S. Home Construction ETF accounts for 2.8% of FOCUS Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. FOCUS Wealth Advisors LLC owned 0.20% of iShares U.S. Home Construction ETF worth $5,255,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sandbox Financial Partners LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at $3,094,000. Ameritas Advisory Services LLC lifted its stake in shares of iShares U.S. Home Construction ETF by 67.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 7,008 shares of the exchange traded fund’s stock valued at $725,000 after purchasing an additional 2,829 shares during the last quarter. Grant GrossMendelsohn LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at $3,003,000. 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. Finally, Certified Advisory Corp lifted its stake in shares of iShares U.S. Home Construction ETF by 8.5% in the 4th quarter. Certified Advisory Corp now owns 4,243 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 334 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Up 3.8 %

Shares of iShares U.S. Home Construction ETF stock opened at $109.32 on Monday. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The business’s fifty day simple moving average is $112.32 and its 200-day simple moving average is $116.31. The firm has a market cap of $2.78 billion, a PE ratio of 11.56 and a beta of 1.41.

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.