Brant Point Investment Management LLC Has $1.93 Million Position in iShares U.S. Home Construction ETF $ITB

Brant Point Investment Management LLC reduced its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 33.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. Brant Point Investment Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Vista Investment Management boosted its stake in shares of iShares U.S. Home Construction ETF by 5.4% in the 3rd quarter. Vista Investment Management now owns 2,322 shares of the exchange traded fund’s stock valued at $249,000 after purchasing an additional 119 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 3.0% in the 4th quarter. DAVENPORT & Co LLC now owns 4,107 shares of the exchange traded fund’s stock valued at $396,000 after purchasing an additional 120 shares in the last quarter. Rothschild Investment LLC increased its holdings in iShares U.S. Home Construction ETF by 0.4% in the 3rd quarter. Rothschild Investment LLC now owns 34,665 shares of the exchange traded fund’s stock worth $3,718,000 after purchasing an additional 130 shares in the last quarter. NBC Securities Inc. increased its holdings in iShares U.S. Home Construction ETF by 8.7% in the 4th quarter. NBC Securities Inc. now owns 1,967 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 158 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its holdings in iShares U.S. Home Construction ETF by 6.0% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 2,819 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 160 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Down 0.8%

Shares of ITB opened at $96.95 on Friday. iShares U.S. Home Construction ETF has a 12-month low of $84.98 and a 12-month high of $118.00. The business has a 50-day simple moving average of $93.60 and a two-hundred day simple moving average of $98.95. The stock has a market cap of $2.23 billion, a PE ratio of 10.18 and a beta of 1.31.

iShares U.S. Home Construction ETF Company 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.