Y.D. More Investments Ltd Decreases Stock Position in iShares U.S. Home Construction ETF $ITB

Y.D. More Investments Ltd cut its position in iShares U.S. Home Construction ETF (BATS:ITB) by 12.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,700 shares of the exchange traded fund’s stock after selling 1,200 shares during the period. Y.D. More Investments Ltd’s holdings in iShares U.S. Home Construction ETF were worth $811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in ITB. Whittier Trust Co. of Nevada Inc. purchased a new position in iShares U.S. Home Construction ETF in the 1st quarter valued at $29,000. Private Wealth Asset Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the second quarter worth $36,000. Farther Finance Advisors LLC raised its position in shares of iShares U.S. Home Construction ETF by 64.7% in the second quarter. Farther Finance Advisors LLC now owns 522 shares of the exchange traded fund’s stock valued at $49,000 after buying an additional 205 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the second quarter worth about $67,000. Finally, AlphaCore Capital LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the first quarter worth about $84,000.

iShares U.S. Home Construction ETF Trading Down 7.9%

ITB opened at $97.02 on Friday. iShares U.S. Home Construction ETF has a twelve month low of $82.71 and a twelve month high of $129.89. The firm has a market capitalization of $2.23 billion, a PE ratio of 10.18 and a beta of 1.31. The firm’s 50-day moving average price is $104.91 and its 200 day moving average price is $100.36.

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.