Capital Asset Advisory Services LLC Sells 13,219 Shares of iShares U.S. Home Construction ETF $ITB

Capital Asset Advisory Services LLC trimmed its position in iShares U.S. Home Construction ETF (BATS:ITB) by 28.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,789 shares of the exchange traded fund’s stock after selling 13,219 shares during the quarter. Capital Asset Advisory Services LLC owned 0.15% of iShares U.S. Home Construction ETF worth $3,379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morgan Stanley boosted its holdings in shares of iShares U.S. Home Construction ETF by 12.3% during the fourth quarter. Morgan Stanley now owns 1,994,342 shares of the exchange traded fund’s stock worth $192,055,000 after purchasing an additional 219,142 shares during the period. BNP Paribas Financial Markets raised its position in 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 valued at $189,414,000 after purchasing an additional 1,476,291 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in iShares U.S. Home Construction ETF by 102.9% during the 4th 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 last quarter. LPL Financial LLC lifted its holdings in iShares U.S. Home Construction ETF by 8.1% in 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 during the period. Finally, Main Management ETF Advisors LLC lifted its holdings in iShares U.S. Home Construction ETF by 2.6% in 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 during the period.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock opened at $102.14 on Thursday. The firm has a market cap of $2.35 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a fifty-two week low of $84.98 and a fifty-two week high of $118.00. The business’s 50 day moving average price is $95.36 and its 200-day moving average price is $98.74.

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.