Posted by admin on Jul 27th, 2022

DAVENPORT & Co LLC decreased its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB – Get Rating) by 51.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 5,849 shares of the exchange traded fund’s stock after selling 6,204 shares during the period. DAVENPORT & Co LLC’s holdings in iShares U.S. Home Construction ETF were worth $347,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of ITB. Bank of America Corp DE grew its stake in shares of iShares U.S. Home Construction ETF by 46.4% during the fourth quarter. Bank of America Corp DE now owns 4,515,832 shares of the exchange traded fund’s stock worth $374,452,000 after acquiring an additional 1,430,309 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares U.S. Home Construction ETF by 144.1% during the fourth quarter. LPL Financial LLC now owns 798,050 shares of the exchange traded fund’s stock worth $66,174,000 after acquiring an additional 471,078 shares during the last quarter. Scopus Asset Management L.P. purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter worth about $33,168,000. Phoenix Holdings Ltd. grew its stake in shares of iShares U.S. Home Construction ETF by 12.9% during the fourth quarter. Phoenix Holdings Ltd. now owns 2,517,683 shares of the exchange traded fund’s stock worth $208,766,000 after acquiring an additional 287,807 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in shares of iShares U.S. Home Construction ETF by 52.7% during the fourth quarter. Stifel Financial Corp now owns 271,202 shares of the exchange traded fund’s stock worth $22,490,000 after acquiring an additional 93,642 shares during the last quarter.

Shares of ITB stock opened at $58.83 on Wednesday. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The stock’s 50-day simple moving average is $56.35 and its 200-day simple moving average is $61.59.

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.

Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Get Rating).

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