SG Americas Securities LLC Sells 12,427 Shares of iShares U.S. Home Construction ETF $ITB

SG Americas Securities LLC lessened its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 28.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,010 shares of the exchange traded fund’s stock after selling 12,427 shares during the period. SG Americas Securities LLC owned 0.14% of iShares U.S. Home Construction ETF worth $2,899,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ITB. High Point Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter worth $25,000. Aventura Private Wealth LLC acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $29,000. Darwin Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF in the 2nd quarter worth $29,000. JPL Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF in the 3rd quarter worth $36,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth $37,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS:ITB opened at $104.48 on Wednesday. The company has a market cap of $2.40 billion, a P/E ratio of 10.18 and a beta of 1.31. The stock’s 50-day moving average is $95.31 and its 200-day moving average is $98.74. iShares U.S. Home Construction ETF has a 52-week low of $84.98 and a 52-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.