Capital Asset Advisory Services LLC Sells 13,219 Shares of iShares U.S. Home Construction ETF $ITB

Capital Asset Advisory Services LLC trimmed its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 28.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,789 shares of the exchange traded fund’s stock after selling 13,219 shares during the period. Capital Asset Advisory Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $3,379,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of ITB. High Point Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at about $25,000. Aventura Private Wealth LLC bought a new position in iShares U.S. Home Construction ETF in the fourth quarter worth about $29,000. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the second quarter worth about $29,000. JPL Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the third quarter worth about $36,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares U.S. Home Construction ETF during the 4th quarter valued at approximately $37,000.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock opened at $102.14 on Thursday. iShares U.S. Home Construction ETF has a fifty-two week low of $84.98 and a fifty-two week high of $118.00. The stock’s 50 day simple moving average is $95.36 and its two-hundred day simple moving average is $98.74. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.