Bank of America Corp DE Trims Position in iShares U.S. Home Construction ETF (BATS:ITB)

Bank of America Corp DE decreased its stake in iShares U.S. Home Construction ETF (BATS:ITBGet Rating) by 0.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,475,720 shares of the exchange traded fund’s stock after selling 40,112 shares during the quarter. Bank of America Corp DE’s holdings in iShares U.S. Home Construction ETF were worth $265,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ITB. Private Advisor Group LLC increased its position in iShares U.S. Home Construction ETF by 31.9% in the fourth quarter. Private Advisor Group LLC now owns 13,990 shares of the exchange traded fund’s stock worth $1,160,000 after buying an additional 3,384 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth about $387,000. Bank of Montreal Can increased its position in iShares U.S. Home Construction ETF by 324.7% in the fourth quarter. Bank of Montreal Can now owns 24,167 shares of the exchange traded fund’s stock worth $2,004,000 after buying an additional 18,476 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth about $3,930,000. Finally, Gamco Investors INC. ET AL purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth about $1,493,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $55.51 on Tuesday. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The business has a 50-day simple moving average of $58.58 and a two-hundred day simple moving average of $58.54.

About iShares U.S. Home Construction ETF

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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.

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Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

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