Apeiron RIA LLC Cuts Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Apeiron RIA LLC lessened its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 3.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,976 shares of the exchange traded fund’s stock after selling 363 shares during the quarter. Apeiron RIA LLC’s holdings in iShares U.S. Home Construction ETF were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 3,425.0% in the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 274 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $37,000. Darwin Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $40,000. FSA Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the third quarter valued at about $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $118,000.

iShares U.S. Home Construction ETF Trading Up 4.2 %

Shares of ITB opened at $109.75 on Friday. The firm’s 50-day moving average is $111.55 and its two-hundred day moving average is $116.38. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The firm has a market capitalization of $2.79 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.