iShares U.S. Home Construction ETF (BATS:ITB) Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 565.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,370 shares of the exchange traded fund’s stock after buying an additional 33,452 shares during the quarter. IFP Advisors Inc’s holdings in iShares U.S. Home Construction ETF were worth $4,070,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Wealthgarden F.S. LLC purchased a new stake in iShares U.S. Home Construction ETF during the fourth quarter worth about $426,000. Concurrent Investment Advisors LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 219.2% in the 4th quarter. Concurrent Investment Advisors LLC now owns 11,896 shares of the exchange traded fund’s stock worth $1,230,000 after acquiring an additional 8,169 shares during the period. Private Advisor Group LLC increased its stake in iShares U.S. Home Construction ETF by 5.8% in the 4th quarter. Private Advisor Group LLC now owns 81,730 shares of the exchange traded fund’s stock valued at $8,450,000 after purchasing an additional 4,466 shares in the last quarter. Lyell Wealth Management LP raised its holdings in iShares U.S. Home Construction ETF by 41.4% during the fourth quarter. Lyell Wealth Management LP now owns 4,380 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 1,282 shares during the last quarter. Finally, Belvedere Trading LLC purchased a new stake in iShares U.S. Home Construction ETF during the fourth quarter worth $1,003,000.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock opened at $97.84 on Tuesday. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The stock’s fifty day moving average is $104.90 and its two-hundred day moving average is $115.19.

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.