Quantbot Technologies LP Reduces Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Quantbot Technologies LP lessened its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 11.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,172 shares of the exchange traded fund’s stock after selling 1,885 shares during the quarter. Quantbot Technologies LP’s holdings in iShares U.S. Home Construction ETF were worth $1,465,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at $28,000. Larson Financial Group LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 3,425.0% in the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 274 shares during the last quarter. Flagship Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $37,000. FSA Wealth Management LLC purchased a new position in iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $46,000. Finally, Synergy Investment Management LLC acquired a new position in iShares U.S. Home Construction ETF during the fourth quarter worth approximately $52,000.

iShares U.S. Home Construction ETF Trading Down 7.2 %

Shares of BATS ITB opened at $97.68 on Tuesday. The stock has a market cap of $2.44 billion, a P/E ratio of 11.19 and a beta of 1.61. The stock has a 50 day moving average of $102.21 and a two-hundred day moving average of $112.41. iShares U.S. Home Construction ETF has a twelve month low of $93.39 and a twelve 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.