TrinityPoint Wealth LLC trimmed its holdings in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 7.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 2,005 shares of the exchange traded fund’s stock after selling 150 shares during the period. TrinityPoint Wealth LLC’s holdings in iShares U.S. Home Construction ETF were worth $255,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Blue Trust Inc. purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $37,000. Opal Wealth Advisors LLC purchased a new position in iShares U.S. Home Construction ETF during the second quarter worth about $138,000. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the second quarter valued at about $138,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the 2nd quarter valued at approximately $157,000. Finally, Trust Co. of Vermont purchased a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $191,000.
iShares U.S. Home Construction ETF Stock Performance
BATS:ITB opened at $117.48 on Tuesday. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The company has a 50 day moving average price of $122.76 and a 200 day moving average price of $114.16. The stock has a market capitalization of $2.98 billion, a P/E ratio of 11.56 and a beta of 1.41.
iShares U.S. Home Construction ETF 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.
See Also
- Five stocks we like better than iShares U.S. Home Construction ETF
- 5 discounted opportunities for dividend growth investors
- Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
- Trading Halts Explained
- Applied Materials Market Capitulates: Now is the Time to Buy
- Transportation Stocks Investing
- 3 Ultra-High Dividend Yield Stocks for the New Year
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 – Free Report).
Receive News & Ratings for iShares U.S. Home Construction ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Home Construction ETF and related companies with MarketBeat.com's FREE daily email newsletter.
