Wealthcare Advisory Partners LLC Purchases New Stake in iShares U.S. Home Construction ETF $ITB

Wealthcare Advisory Partners LLC acquired a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,944 shares of the exchange traded fund’s stock, valued at approximately $530,000.

Other hedge funds have also recently bought and sold shares of the company. Capital Investment Advisory Services LLC boosted its position in shares of iShares U.S. Home Construction ETF by 675.0% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 310 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 270 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the second quarter valued at approximately $29,000. Fifth Third Bancorp lifted its stake in iShares U.S. Home Construction ETF by 136.7% during the third quarter. Fifth Third Bancorp now owns 348 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 201 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $48,000. Finally, Chung Wu Investment Group LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $54,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $110.91 on Friday. iShares U.S. Home Construction ETF has a 52-week low of $82.71 and a 52-week high of $118.00. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. The business’s fifty day moving average is $104.44 and its 200-day moving average is $104.85.

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