iShares U.S. Home Construction ETF $ITB Position Cut by IMC Chicago LLC

IMC Chicago LLC reduced its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 88.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,712 shares of the exchange traded fund’s stock after selling 20,907 shares during the quarter. IMC Chicago LLC’s holdings in iShares U.S. Home Construction ETF were worth $283,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in iShares U.S. Home Construction ETF by 20.5% during the 1st quarter. Bank of America Corp DE now owns 6,962,234 shares of the exchange traded fund’s stock worth $630,430,000 after acquiring an additional 1,182,332 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of iShares U.S. Home Construction ETF by 102.9% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,704,500 shares of the exchange traded fund’s stock valued at $164,143,000 after purchasing an additional 864,500 shares during the period. MKP Capital Management L.L.C. acquired a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $37,538,000. Raymond James Financial Inc. raised its stake in shares of iShares U.S. Home Construction ETF by 329.7% during the third quarter. Raymond James Financial Inc. now owns 440,063 shares of the exchange traded fund’s stock valued at $47,197,000 after purchasing an additional 337,660 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at about $28,890,000.

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

ITB stock opened at $96.41 on Friday. The company has a market capitalization of $2.22 billion, a P/E ratio of 10.18 and a beta of 1.31. The company has a 50-day simple moving average of $98.63 and a 200 day simple moving average of $97.41. iShares U.S. Home Construction ETF has a fifty-two week low of $84.98 and a fifty-two week high of $118.00.

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