AE Wealth Management LLC sells 56,519 shares of iShares US Home Construction ETF (BATS:ITB)


AE Wealth Management LLC reduced its position in iShares US Home Construction ETF (BATS: ITB – Get Rating) by 69.1% during the 1st quarter, reports HoldingsChannel.com. The fund held 25,251 shares of the exchange-traded fund after selling 56,519 shares during the period. AE Wealth Management LLC’s holdings in iShares US Home Construction ETF were worth $1,496,000 when it last filed with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently changed their positions in the stock. Bank of America Corp DE increased its holdings in iShares US Home Construction ETF by 46.4% in Q4. Bank of America Corp DE now owns 4,515,832 shares of the exchange-traded fund worth $374,452,000 after acquiring an additional 1,430,309 shares during the period. Phoenix Holdings Ltd. increased its holdings in iShares US Home Construction ETF by 12.9% in Q4. Phoenix Holdings Ltd. now owns 2,517,683 shares of the exchange-traded fund worth $208,766,000 after acquiring an additional 287,807 shares during the period. LPL Financial LLC increased its holdings in iShares US Home Construction ETF by 144.1% in Q4. LPL Financial LLC now owns 798,050 shares of the exchange-traded fund worth $66,174,000 after acquiring an additional 471,078 shares during the period. Scopus Asset Management LP bought a new position in iShares US Home Construction ETF in Q4 for a value of $33,168,000. Finally, SPC Financial Inc. increased its holdings in iShares US Home Construction ETF by 0.4% in the fourth quarter. SPC Financial Inc. now owns 324,433 shares of the exchange-traded fund worth $26,902,000 after acquiring an additional 1,134 shares during the period.

BATS ITB opened at $54.85 on Tuesday. The company’s fifty-day moving average is $56.56 and its two-hundred-day moving average is $63.98. iShares US Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56.

iShares US Home Construction ETF Company Profile (Get an assessment)

iShares US Home Construction ETF, formerly iShares Dow Jones US Home Construction Index Fund, seeks investment results that generally correspond to the price and return performance of the Dow Jones US Select Home Construction Index (the Index). The index measures the performance of the home construction sector in the US stock market and includes companies that are builders of residential homes, including manufacturers of mobile and manufactured homes.

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Want to see what other hedge funds hold ITB? Visit HoldingsChannel.com for the latest 13F filings and insider trading for iShares US Home Construction ETF (BATS: ITB – Get Rating).

Institutional ownership by quarter for iShares US Home Construction ETF (BATS:ITB)



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