Spire Wealth Management cuts holdings in iShares US Home Construction ETF (BATS:ITB)


Spire Wealth Management lowered its position in shares of the iShares US Home Construction ETF (BATS: ITB – Get Rating) by 25.2% during the first quarter, according to its latest disclosure to the Securities & Exchange Commission. The company held 1,808 shares of the exchange-traded fund after selling 608 shares during the period. Spire Wealth Management’s holdings in iShares US Home Construction ETF were worth $107,000 when it last filed with the SEC.

Other institutional investors and hedge funds have also been buying and selling shares of the company recently. Tectonic Advisors LLC increased its stake in iShares US Home Construction ETF shares by 100.0% during the fourth quarter. Tectonic Advisors LLC now owns 300 shares of the exchange-traded fund worth $25,000 after purchasing an additional 150 shares during the period. Green Square Capital Advisors LLC purchased a new stake in shares of iShares US Home Construction ETF during the fourth quarter, valued at approximately $41,000. Affiance Financial LLC increased its stake in iShares US Home Construction ETF shares by 63.6% during the first quarter. Affiance Financial LLC now owns 594 shares of the exchange-traded fund worth $35,000 after purchasing an additional 231 shares during the period. CWM LLC bought a new stake in shares of iShares US Home Construction ETF in the fourth quarter at a value of $74,000. Finally, Whittier Trust Co. increased its stake in iShares US Home Construction ETF shares by 86.5% in the fourth quarter. Whittier Trust Co. now owns 970 shares of the exchange-traded fund worth $80,000 after buying an additional 450 shares in the last quarter.

Shares of BATS:ITB opened at $56.00 on Thursday. The company has a fifty-day simple moving average of $56.49 and a 200-day simple moving average of $63.87. iShares US Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56.

iShares US Home Construction ETF 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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