Group One Trading LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor bought 5,763 shares of the exchange traded fund’s stock, valued at approximately $522,000.
A number of other institutional investors have also bought and sold shares of ITB. Empowered Funds LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 168.8% in the first quarter. Empowered Funds LLC now owns 12,719 shares of the exchange traded fund’s stock valued at $1,211,000 after purchasing an additional 7,987 shares during the last quarter. Cerity Partners LLC boosted its stake in iShares U.S. Home Construction ETF by 125.0% during the second quarter. Cerity Partners LLC now owns 5,556 shares of the exchange traded fund’s stock worth $518,000 after buying an additional 3,087 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the second quarter worth $29,000. Jupiter Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the second quarter worth $932,000. Finally, Ameriprise Financial Inc. grew its holdings in iShares U.S. Home Construction ETF by 83.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 137,643 shares of the exchange traded fund’s stock valued at $12,829,000 after buying an additional 62,785 shares in the last quarter.
iShares U.S. Home Construction ETF Stock Up 0.5%
Shares of ITB opened at $95.44 on Thursday. iShares U.S. Home Construction ETF has a 52-week low of $84.98 and a 52-week high of $118.00. The company has a market capitalization of $2.20 billion, a PE ratio of 10.18 and a beta of 1.31. The stock has a fifty day simple moving average of $96.12 and a two-hundred day simple moving average of $98.68.
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.
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Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Free Report).
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