Family Firm Inc. Acquires 1,216 Shares of iShares U.S. Home Construction ETF $ITB

Family Firm Inc. raised its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 13.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,167 shares of the exchange traded fund’s stock after buying an additional 1,216 shares during the quarter. Family Firm Inc.’s holdings in iShares U.S. Home Construction ETF were worth $947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of ITB. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at $29,000. Private Wealth Asset Management LLC bought a new position in iShares U.S. Home Construction ETF during the second quarter worth $36,000. Farther Finance Advisors LLC boosted its stake in iShares U.S. Home Construction ETF by 64.7% during the second quarter. Farther Finance Advisors LLC now owns 522 shares of the exchange traded fund’s stock worth $49,000 after acquiring an additional 205 shares in the last quarter. RMG Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF during the second quarter worth $67,000. Finally, AlphaCore Capital LLC acquired a new stake in iShares U.S. Home Construction ETF in the first quarter worth $84,000.

iShares U.S. Home Construction ETF Trading Down 7.2%

ITB opened at $97.77 on Friday. The company has a fifty day moving average price of $105.30 and a two-hundred day moving average price of $100.26. iShares U.S. Home Construction ETF has a 1-year low of $82.71 and a 1-year high of $129.89. The company has a market cap of $2.25 billion, a P/E ratio of 10.18 and a beta of 1.31.

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.