Koshinski Asset Management Inc. Reduces Holdings in iShares US Home Construction ETF (BATS:ITB)


Koshinski Asset Management Inc. reduced its holdings of iShares US Home Construction ETF (BATS: ITB – Get Rating) shares by 41.8% in the first quarter, HoldingsChannel reports. The company held 8,829 shares of the exchange-traded fund after selling 6,343 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares US Home Construction ETF were worth $523,000 at the end of the most recent period.

Other institutional investors and hedge funds also changed their stakes in the company. Tectonic Advisors LLC increased its holding in iShares US Home Construction ETF shares by 100.0% during the 4th quarter. Tectonic Advisors LLC now owns 300 shares of the exchange-traded fund worth $25,000 after buying an additional 150 shares in the last quarter. Moors & Cabot Inc. bought a new stock position in the iShares US Home Construction ETF during Q3 for a value of approximately $29,000. Affiance Financial LLC increased its equity stake in iShares US Home Construction ETF by 63.6% during Q1. Affiance Financial LLC now owns 594 shares of the exchange-traded fund worth $35,000 after buying 231 additional shares in the last quarter. Green Square Capital Advisors LLC purchased a new stock position in iShares US Home Construction ETF during Q4 for a value of approximately $41,000. Finally, CWM LLC purchased a new equity position in the iShares US Home Construction ETF during Q4 for a value of approximately $74,000.

ITB shares opened at $54.85 on Friday. The company has a 50-day simple moving average of $56.64 and a 200-day simple moving average of $64.25. iShares US Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56.

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

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.

Featured Articles

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)



Get news and reviews for iShares US Home Construction ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst notes for iShares US Home Construction ETF and related companies with MarketBeat.com’s FREE daily email newsletter.