Jones Financial Companies Lllp lifted its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 262.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,258 shares of the exchange traded fund’s stock after acquiring an additional 10,325 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares U.S. Home Construction ETF were worth $1,474,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of ITB. Concurrent Investment Advisors LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $474,000. Heritage Wealth Management Inc. purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $257,000. Beckerman Institutional LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $983,000. Sigma Planning Corp grew its holdings in shares of iShares U.S. Home Construction ETF by 49.0% during the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock worth $1,204,000 after purchasing an additional 3,117 shares during the period. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $6,927,000.
iShares U.S. Home Construction ETF Trading Down 5.1 %
BATS ITB opened at $99.97 on Friday. The stock has a market cap of $2.63 billion, a PE ratio of 11.84 and a beta of 1.57. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The stock has a fifty day simple moving average of $103.73 and a 200-day simple moving average of $114.38.
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.
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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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