Cadent Capital Advisors LLC Sells 65,864 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Cadent Capital Advisors LLC lessened its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 52.0% in the first quarter, HoldingsChannel reports. The fund owned 60,711 shares of the exchange traded fund’s stock after selling 65,864 shares during the period. iShares U.S. Home Construction ETF accounts for 1.8% of Cadent Capital Advisors LLC’s portfolio, making the stock its 20th largest position. Cadent Capital Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $4,120,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Gradient Investments LLC bought a new position in iShares U.S. Home Construction ETF during the first quarter worth about $32,000. Arkadios Wealth Advisors grew its position in shares of iShares U.S. Home Construction ETF by 1,000.0% during the 1st quarter. Arkadios Wealth Advisors now owns 660 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 600 shares in the last quarter. Freedman Financial Associates Inc. bought a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter worth approximately $37,000. Fifth Third Bancorp raised its position in shares of iShares U.S. Home Construction ETF by 234.1% in the first quarter. Fifth Third Bancorp now owns 685 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 480 shares in the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 34.6% in the fourth quarter. Aptus Capital Advisors LLC now owns 934 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 240 shares during the period.

BATS:ITB traded down $1.76 during trading hours on Friday, reaching $67.47. 5,196,648 shares of the company were exchanged. The firm has a 50 day moving average of $71.70. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56.

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.

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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).

Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

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