iShares U.S. Home Construction ETF (BATS:ITB) Shares Sold by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC lessened its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 62.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,845 shares of the exchange traded fund’s stock after selling 14,578 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,124,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brookstone Capital Management acquired a new stake in shares of iShares U.S. Home Construction ETF during the first quarter worth $400,000. PFG Advisors boosted its holdings in shares of iShares U.S. Home Construction ETF by 8.9% during the second quarter. PFG Advisors now owns 16,926 shares of the exchange traded fund’s stock worth $1,711,000 after purchasing an additional 1,384 shares during the last quarter. Toronto Dominion Bank acquired a new stake in shares of iShares U.S. Home Construction ETF during the second quarter worth $3,538,000. PNC Financial Services Group Inc. boosted its holdings in shares of iShares U.S. Home Construction ETF by 4.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 164 shares during the last quarter. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the first quarter worth $653,000.

iShares U.S. Home Construction ETF Stock Down 1.5 %

ITB stock opened at $119.80 on Friday. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The stock’s fifty day simple moving average is $122.79 and its 200-day simple moving average is $112.52. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

iShares U.S. Home Construction ETF 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.