iShares U.S. Home Construction ETF $ITB Shares Purchased by Forte Asset Management LLC

Forte Asset Management LLC grew its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 21.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,117 shares of the exchange traded fund’s stock after purchasing an additional 7,799 shares during the period. iShares U.S. Home Construction ETF makes up about 1.5% of Forte Asset Management LLC’s holdings, making the stock its 27th largest position. Forte Asset Management LLC owned about 0.19% of iShares U.S. Home Construction ETF worth $3,839,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares U.S. Home Construction ETF by 20.5% during the first quarter. Bank of America Corp DE now owns 6,962,234 shares of the exchange traded fund’s stock worth $630,430,000 after purchasing an additional 1,182,332 shares during the last quarter. GTS Securities LLC acquired a new stake in iShares U.S. Home Construction ETF in the 2nd quarter valued at about $26,400,000. Greenland Capital Management LP purchased a new position in iShares U.S. Home Construction ETF during the 2nd quarter valued at about $10,448,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new position in iShares U.S. Home Construction ETF during the second quarter worth about $8,653,000. Finally, Walleye Capital LLC raised its position in iShares U.S. Home Construction ETF by 1,167.2% during the first quarter. Walleye Capital LLC now owns 66,693 shares of the exchange traded fund’s stock worth $6,039,000 after acquiring an additional 61,430 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Up 0.8%

ITB opened at $84.64 on Wednesday. The firm has a market cap of $1.95 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 52 week low of $83.69 and a 52 week high of $115.26. The business’s fifty day simple moving average is $92.26 and its 200 day simple moving average is $94.32.

iShares U.S. Home Construction ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a $0.2104 dividend. This is a boost from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.1592. The ex-dividend date was Tuesday, September 15th. This represents a $0.84 annualized dividend and a yield of 1.0%.

iShares U.S. Home Construction ETF Company Profile

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.