Brant Point Investment Management LLC Sells 10,000 Shares of iShares U.S. Home Construction ETF $ITB

Brant Point Investment Management LLC lessened its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 33.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,000 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. Brant Point Investment Management LLC owned approximately 0.09% of iShares U.S. Home Construction ETF worth $1,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Stanley lifted its holdings in shares of iShares U.S. Home Construction ETF by 12.3% during the 4th quarter. Morgan Stanley now owns 1,994,342 shares of the exchange traded fund’s stock worth $192,055,000 after acquiring an additional 219,142 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Home Construction ETF by 388.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,848,103 shares of the exchange traded fund’s stock worth $198,209,000 after buying an additional 1,469,896 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of iShares U.S. Home Construction ETF by 509.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,766,097 shares of the exchange traded fund’s stock worth $189,414,000 after buying an additional 1,476,291 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 8.1% during the 4th quarter. LPL Financial LLC now owns 822,488 shares of the exchange traded fund’s stock worth $79,206,000 after buying an additional 61,688 shares in the last quarter. Finally, Main Management ETF Advisors LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 2.6% during the 4th quarter. Main Management ETF Advisors LLC now owns 643,542 shares of the exchange traded fund’s stock worth $61,973,000 after buying an additional 16,140 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock opened at $96.95 on Friday. iShares U.S. Home Construction ETF has a 52 week low of $84.98 and a 52 week high of $118.00. The stock has a market capitalization of $2.23 billion, a P/E ratio of 10.18 and a beta of 1.31. The stock has a fifty day moving average of $93.60 and a 200-day moving average of $98.95.

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.