Paragon Wealth Strategies LLC raised its stake in iShares Dow Jones US Home Const. (NYSE:ITB) by 81.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 340,656 shares of the exchange traded fund’s stock after buying an additional 152,722 shares during the period. iShares Dow Jones US Home Const. accounts for approximately 10.4% of Paragon Wealth Strategies LLC’s portfolio, making the stock its largest position. Paragon Wealth Strategies LLC’s holdings in iShares Dow Jones US Home Const. were worth $11,562,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Benjamin F. Edwards & Company Inc. raised its stake in iShares Dow Jones US Home Const. by 44.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,503 shares of the exchange traded fund’s stock valued at $153,000 after buying an additional 1,382 shares in the last quarter. Loeb Partners Corp purchased a new stake in iShares Dow Jones US Home Const. during the second quarter valued at about $414,000. David R. Rahn & Associates Inc. raised its stake in iShares Dow Jones US Home Const. by 0.3% in the second quarter. David R. Rahn & Associates Inc. now owns 30,050 shares of the exchange traded fund’s stock valued at $1,020,000 after buying an additional 100 shares in the last quarter. Dumont & Blake Investment Advisors LLC raised its stake in iShares Dow Jones US Home Const. by 1.0% in the second quarter. Dumont & Blake Investment Advisors LLC now owns 35,090 shares of the exchange traded fund’s stock valued at $1,191,000 after buying an additional 340 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in iShares Dow Jones US Home Const. by 139.7% in the second quarter. Janney Montgomery Scott LLC now owns 79,816 shares of the exchange traded fund’s stock valued at $2,709,000 after buying an additional 46,513 shares in the last quarter.

Shares of iShares Dow Jones US Home Const. (NYSE ITB) opened at 34.70 on Thursday. iShares Dow Jones US Home Const. has a 52-week low of $25.16 and a 52-week high of $35.10. The company’s 50 day moving average is $34.20 and its 200 day moving average is $32.26.

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About iShares Dow Jones US Home Const.

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 Dow Jones US Home Const. (NYSE:ITB)

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