Brown Brothers Harriman & Co. Sells 800 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Brown Brothers Harriman & Co. reduced its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 44.4% during the third quarter, Holdings Channel.com reports. The fund owned 1,000 shares of the exchange traded fund’s stock after selling 800 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares U.S. Home Construction ETF were worth $127,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD grew its stake in iShares U.S. Home Construction ETF by 5.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 257,634 shares of the exchange traded fund’s stock worth $29,827,000 after purchasing an additional 12,835 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 151.0% in the first quarter. Jane Street Group LLC now owns 72,752 shares of the exchange traded fund’s stock valued at $8,422,000 after acquiring an additional 43,770 shares in the last quarter. Tidal Investments LLC lifted its stake in iShares U.S. Home Construction ETF by 61.2% in the first quarter. Tidal Investments LLC now owns 16,273 shares of the exchange traded fund’s stock worth $1,884,000 after acquiring an additional 6,176 shares during the period. Atria Investments Inc grew its holdings in iShares U.S. Home Construction ETF by 183.8% during the 1st quarter. Atria Investments Inc now owns 44,931 shares of the exchange traded fund’s stock worth $5,202,000 after acquiring an additional 29,097 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in iShares U.S. Home Construction ETF by 2,486.0% during the 1st quarter. Cetera Investment Advisers now owns 89,114 shares of the exchange traded fund’s stock valued at $10,317,000 after purchasing an additional 85,668 shares during the period.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $123.78 on Friday. The firm has a 50-day simple moving average of $122.59 and a 200-day simple moving average of $114.76. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56. The firm has a market cap of $3.14 billion, a P/E 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.