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

Outlook Wealth Advisors LLC lowered its position in iShares U.S. Home Construction ETF (BATS:ITB) by 62.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at $37,000. Opal Wealth Advisors LLC purchased a new position in iShares U.S. Home Construction ETF in the second quarter valued at about $138,000. International Assets Investment Management LLC purchased a new position in iShares U.S. Home Construction ETF in the second quarter valued at about $138,000. Strategic Financial Concepts LLC purchased a new position in iShares U.S. Home Construction ETF in the second quarter valued at about $157,000. Finally, Trust Co. of Vermont purchased a new position in iShares U.S. Home Construction ETF in the third quarter valued at about $191,000.

iShares U.S. Home Construction ETF Price Performance

BATS:ITB opened at $119.80 on Friday. The business’s 50-day moving average is $122.79 and its two-hundred day moving average is $112.52. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The firm has a market capitalization of $3.04 billion, a PE ratio of 11.56 and a beta of 1.41.

About iShares U.S. Home Construction ETF

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.