Healthcare of Ontario Pension Plan Trust Fund Cuts Stock Holdings in iShares U.S. Home Construction ETF $ITB

Healthcare of Ontario Pension Plan Trust Fund reduced its position in iShares U.S. Home Construction ETF (BATS:ITB) by 39.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,030,000 shares of the exchange traded fund’s stock after selling 674,500 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 4.48% of iShares U.S. Home Construction ETF worth $93,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in ITB. High Point Wealth Management LLC purchased a new position in iShares U.S. Home Construction ETF in the fourth quarter valued at $25,000. Darwin Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the second quarter worth about $29,000. JPL Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth about $36,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $37,000. Finally, Triumph Capital Management purchased a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth about $46,000.

iShares U.S. Home Construction ETF Stock Up 2.7%

BATS:ITB opened at $97.09 on Friday. iShares U.S. Home Construction ETF has a 52 week low of $84.98 and a 52 week high of $118.00. The stock’s 50-day moving average price is $96.44 and its 200-day moving average price is $98.65. The stock has a market capitalization of $2.23 billion, a PE ratio of 10.18 and a beta of 1.31.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.