Janney Capital Management LLC cut its stake in iShares Dow Jones US Home Const. (NYSE:ITB) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,046,812 shares of the exchange traded fund’s stock after selling 25,340 shares during the period. iShares Dow Jones US Home Const. comprises approximately 1.7% of Janney Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Janney Capital Management LLC’s holdings in iShares Dow Jones US Home Const. were worth $35,528,000 as of its most recent SEC filing.
Separately, Benjamin F. Edwards & Company Inc. increased its position in iShares Dow Jones US Home Const. by 44.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,503 shares of the exchange traded fund’s stock valued at $153,000 after buying an additional 1,382 shares in the last quarter.
iShares Dow Jones US Home Const. (NYSE:ITB) opened at 33.60 on Friday. iShares Dow Jones US Home Const. has a 12-month low of $25.16 and a 12-month high of $35.10. The stock has a 50 day moving average price of $34.30 and a 200 day moving average price of $32.49.
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About iShares Dow Jones US Home Const.
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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