Sigma Planning Corp Sells 6,641 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Sigma Planning Corp reduced its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 70.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,834 shares of the exchange traded fund’s stock after selling 6,641 shares during the quarter. Sigma Planning Corp’s holdings in iShares U.S. Home Construction ETF were worth $293,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ITB. Golden State Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $28,000. Larson Financial Group LLC raised its holdings in iShares U.S. Home Construction ETF by 3,425.0% during the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 274 shares during the last quarter. Blue Trust Inc. bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter worth about $37,000. Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the 3rd quarter valued at about $40,000. Finally, FSA Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $46,000.

iShares U.S. Home Construction ETF Price Performance

ITB opened at $98.85 on Friday. The firm has a 50 day simple moving average of $104.34 and a 200 day simple moving average of $114.89. 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 company has a market cap of $2.60 billion, a price-to-earnings ratio of 11.84 and a beta of 1.57.

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.