iShares U.S. Home Construction ETF $ITB Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 68.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,196 shares of the exchange traded fund’s stock after selling 17,592 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Home Construction ETF were worth $789,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. High Point Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $25,000. Aventura Private Wealth LLC acquired a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $29,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the 2nd quarter valued at approximately $29,000. Capital Investment Advisory Services LLC increased its holdings in iShares U.S. Home Construction ETF by 675.0% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 310 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 270 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $36,000.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock opened at $92.93 on Friday. iShares U.S. Home Construction ETF has a fifty-two week low of $87.02 and a fifty-two week high of $118.00. The firm has a 50 day moving average price of $95.59 and a 200 day moving average price of $100.35. The company has a market capitalization of $2.14 billion, a PE ratio of 10.18 and a beta of 1.31.

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