Interchange Capital Partners LLC Sells 2,095 Shares of iShares U.S. Home Construction ETF $ITB

Interchange Capital Partners LLC cut its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 68.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 971 shares of the exchange traded fund’s stock after selling 2,095 shares during the period. Interchange Capital Partners LLC’s holdings in iShares U.S. Home Construction ETF were worth $90,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its stake in shares of iShares U.S. Home Construction ETF by 22.2% during the first quarter. Goldman Sachs Group Inc. now owns 1,893,090 shares of the exchange traded fund’s stock valued at $180,241,000 after acquiring an additional 343,527 shares during the last quarter. Menora Mivtachim Holdings LTD. bought a new position in shares of iShares U.S. Home Construction ETF during the first quarter valued at about $119,774,000. Capital Asset Advisory Services LLC raised its stake in shares of iShares U.S. Home Construction ETF by 11.5% during the second quarter. Capital Asset Advisory Services LLC now owns 421,086 shares of the exchange traded fund’s stock valued at $40,900,000 after acquiring an additional 43,557 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in shares of iShares U.S. Home Construction ETF by 11.4% during the second quarter. Axxcess Wealth Management LLC now owns 407,477 shares of the exchange traded fund’s stock valued at $37,965,000 after acquiring an additional 41,820 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of iShares U.S. Home Construction ETF by 19.4% during the first quarter. Royal Bank of Canada now owns 399,182 shares of the exchange traded fund’s stock valued at $38,006,000 after acquiring an additional 64,877 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 1.7%

Shares of BATS:ITB opened at $103.53 on Wednesday. The company has a market cap of $2.38 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. The company has a 50-day moving average price of $108.71 and a 200-day moving average price of $98.55. iShares U.S. Home Construction ETF has a 12 month low of $82.71 and a 12 month high of $129.89.

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.