Centaurus Financial Inc. Lowers Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Centaurus Financial Inc. cut its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 82.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,822 shares of the exchange traded fund’s stock after selling 32,095 shares during the period. Centaurus Financial Inc.’s holdings in iShares U.S. Home Construction ETF were worth $867,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Blue Trust Inc. acquired a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $37,000. Sigma Planning Corp grew its stake in shares of iShares U.S. Home Construction ETF by 49.0% in the third quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after buying an additional 3,117 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the third quarter valued at $210,000. PFG Advisors raised its holdings in shares of iShares U.S. Home Construction ETF by 8.9% in the 2nd quarter. PFG Advisors now owns 16,926 shares of the exchange traded fund’s stock valued at $1,711,000 after buying an additional 1,384 shares during the period. Finally, Toronto Dominion Bank acquired a new position in iShares U.S. Home Construction ETF during the 2nd quarter worth about $3,538,000.

iShares U.S. Home Construction ETF Price Performance

Shares of iShares U.S. Home Construction ETF stock opened at $126.38 on Tuesday. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The business has a 50-day moving average of $122.63 and a 200 day moving average of $114.46. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56.

iShares U.S. Home Construction ETF Company Profile

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.