Mercer Global Advisors Inc. ADV Decreases Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Mercer Global Advisors Inc. ADV trimmed its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 56.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,096 shares of the exchange traded fund’s stock after selling 11,618 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in iShares U.S. Home Construction ETF were worth $630,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp boosted its holdings in iShares U.S. Home Construction ETF by 234.1% in the 1st quarter. Fifth Third Bancorp now owns 685 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 480 shares during the period. Northern Oak Wealth Management Inc. boosted its holdings in shares of iShares U.S. Home Construction ETF by 19.0% during the 1st quarter. Northern Oak Wealth Management Inc. now owns 894 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 143 shares during the last quarter. Spectrum Management Group LLC boosted its holdings in shares of iShares U.S. Home Construction ETF by 155.8% during the 2nd quarter. Spectrum Management Group LLC now owns 898 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 547 shares during the last quarter. Founders Financial Alliance LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 1st quarter valued at about $78,000. Finally, Ameritas Investment Company LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 1st quarter valued at about $79,000.

ITB opened at $69.08 on Friday. The firm has a 50-day simple moving average of $71.20 and a two-hundred day simple moving average of $70.14. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 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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