Axxcess Wealth Management LLC Sells 71,207 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Axxcess Wealth Management LLC decreased its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 17.0% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 346,725 shares of the exchange traded fund’s stock after selling 71,207 shares during the period. iShares U.S. Home Construction ETF accounts for 1.1% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Axxcess Wealth Management LLC owned about 1.37% of iShares U.S. Home Construction ETF worth $44,069,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Valeo Financial Advisors LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 5.3% in the third quarter. Valeo Financial Advisors LLC now owns 2,302 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 115 shares during the period. Blair William & Co. IL increased its stake in iShares U.S. Home Construction ETF by 4.5% in the 1st quarter. Blair William & Co. IL now owns 3,065 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 131 shares during the last quarter. Ciovacco Capital Management LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 0.7% in the 1st quarter. Ciovacco Capital Management LLC now owns 21,904 shares of the exchange traded fund’s stock valued at $2,536,000 after acquiring an additional 149 shares in the last quarter. Great Diamond Partners LLC boosted its position in shares of iShares U.S. Home Construction ETF by 1.0% during the 3rd quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after acquiring an additional 169 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 2.5% during the second quarter. Muirfield Wealth Advisors LLC now owns 8,902 shares of the exchange traded fund’s stock worth $900,000 after purchasing an additional 221 shares in the last quarter.

iShares U.S. Home Construction ETF Trading Up 0.9 %

ITB stock opened at $121.09 on Friday. The company’s 50 day moving average is $122.69 and its 200 day moving average is $113.52. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. 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 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.