Fiduciary Planning LLC Sells 691 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Fiduciary Planning LLC decreased its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,921 shares of the exchange traded fund’s stock after selling 691 shares during the quarter. Fiduciary Planning LLC’s holdings in iShares U.S. Home Construction ETF were worth $626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. bought a new position in iShares U.S. Home Construction ETF during the third quarter valued at $37,000. Opal Wealth Advisors LLC bought a new position in iShares U.S. Home Construction ETF during the second quarter valued at $138,000. International Assets Investment Management LLC bought a new position in iShares U.S. Home Construction ETF during the second quarter valued at $138,000. Strategic Financial Concepts LLC bought a new position in iShares U.S. Home Construction ETF during the second quarter valued at $157,000. Finally, Trust Co. of Vermont bought a new position in iShares U.S. Home Construction ETF during the third quarter valued at $191,000.

iShares U.S. Home Construction ETF Stock Performance

ITB stock traded down $0.36 during trading on Thursday, hitting $120.33. 1,907,904 shares of the company’s stock traded hands. The business has a fifty day simple moving average of $122.53 and a 200 day simple moving average of $112.40. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56.

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.