2,024 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Bought by MONECO Advisors LLC

MONECO Advisors LLC purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,024 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Vima LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $27,000. Tortoise Investment Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $34,000. Anchor Investment Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $43,000. VitalStone Financial LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $45,000. Finally, Vestor Capital LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $55,000.

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

Shares of ITB stock opened at $104.77 on Tuesday. The stock has a market cap of $2.66 billion, a PE ratio of 11.56 and a beta of 1.41. The business has a 50-day simple moving average of $105.60 and a 200-day simple moving average of $104.34. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56.

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.