Teamwork Financial Advisors LLC Reduces Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

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Teamwork Financial Advisors LLC trimmed its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 14.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,981 shares of the exchange traded fund’s stock after selling 3,383 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,132,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of ITB. US Bancorp DE increased its position in shares of iShares U.S. Home Construction ETF by 138.4% during the second quarter. US Bancorp DE now owns 596 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 346 shares in the last quarter. Global Retirement Partners LLC acquired a new position in iShares U.S. Home Construction ETF during the third quarter worth $26,000. St. Johns Investment Management Company LLC acquired a new position in iShares U.S. Home Construction ETF during the second quarter worth $27,000. Creative Financial Designs Inc. ADV acquired a new position in iShares U.S. Home Construction ETF during the third quarter worth $51,000. Finally, AdvisorNet Financial Inc boosted its stake in iShares U.S. Home Construction ETF by 784.0% during the second quarter. AdvisorNet Financial Inc now owns 1,326 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 1,176 shares during the last quarter.

BATS ITB traded down $0.63 on Friday, reaching $59.35. 2,198,761 shares of the company were exchanged. The business’s fifty day moving average price is $55.96 and its 200 day moving average price is $46.00. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.

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.

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

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