AdvisorNet Financial Inc Sells 2,330 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

AdvisorNet Financial Inc lessened its position in iShares U.S. Home Construction ETF (BATS:ITB – Get Rating) by 39.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,596 shares of the exchange traded fund’s stock after selling 2,330 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares U.S. Home Construction ETF were worth $213,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ITB. Tectonic Advisors LLC lifted its holdings in iShares U.S. Home Construction ETF by 100.0% during the 4th quarter. Tectonic Advisors LLC now owns 300 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. Moors & Cabot Inc. bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at about $29,000. Affiance Financial LLC lifted its holdings in iShares U.S. Home Construction ETF by 63.6% during the 1st quarter. Affiance Financial LLC now owns 594 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 231 shares in the last quarter. Green Square Capital Advisors LLC bought a new stake in iShares U.S. Home Construction ETF during the 4th quarter valued at about $41,000. Finally, CWM LLC bought a new stake in iShares U.S. Home Construction ETF during the 4th quarter valued at about $74,000.

Shares of ITB opened at $52.25 on Thursday. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The company has a 50-day moving average of $56.83 and a 200 day moving average of $64.75.

About iShares U.S. Home Construction ETF (Get Rating)

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.

See Also

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 – Get Rating).

Receive News & Ratings for iShares U.S. Home Construction ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iShares U.S. Home Construction ETF and related companies with MarketBeat.com’s FREE daily email newsletter.