Total Clarity Wealth Management Inc. Sells 4,490 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Total Clarity Wealth Management Inc. lessened its position in iShares U.S. Home Construction ETF (BATS:ITB) by 39.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,924 shares of the exchange traded fund’s stock after selling 4,490 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in iShares U.S. Home Construction ETF were worth $716,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $37,000. Park Avenue Securities LLC lifted its stake in shares of iShares U.S. Home Construction ETF by 27.8% in the 4th quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 980 shares during the period. Sigma Planning Corp lifted its stake in shares of iShares U.S. Home Construction ETF by 49.0% in the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after purchasing an additional 3,117 shares during the period. Frank Rimerman Advisors LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $210,000. Finally, Brookstone Capital Management lifted its stake in shares of iShares U.S. Home Construction ETF by 516.4% in the 3rd quarter. Brookstone Capital Management now owns 13,062 shares of the exchange traded fund’s stock valued at $1,660,000 after purchasing an additional 10,943 shares during the period.

iShares U.S. Home Construction ETF Stock Up 1.8 %

ITB opened at $107.24 on Friday. The stock has a market cap of $2.72 billion, a PE ratio of 11.56 and a beta of 1.41. The business has a 50 day moving average of $110.45 and a 200-day moving average of $116.61. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56.

iShares U.S. Home Construction ETF Company 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.