Trust Co. of Vermont Decreases Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Trust Co. of Vermont trimmed its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 7.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,392 shares of the exchange traded fund’s stock after selling 108 shares during the quarter. Trust Co. of Vermont’s holdings in iShares U.S. Home Construction ETF were worth $144,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ITB. Larson Financial Group LLC increased its position in shares of iShares U.S. Home Construction ETF by 3,425.0% in the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 274 shares during the last quarter. Blue Trust Inc. acquired a new position in shares of iShares U.S. Home Construction ETF during the third quarter worth $37,000. Darwin Wealth Management LLC purchased a new position in iShares U.S. Home Construction ETF in the third quarter valued at $40,000. FSA Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $118,000.

iShares U.S. Home Construction ETF Trading Up 3.8 %

Shares of BATS:ITB opened at $109.32 on Monday. The firm has a 50 day simple moving average of $112.32 and a 200-day simple moving average of $116.31. The company has a market capitalization of $2.78 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month 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.