2,827 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Acquired by Advisor Resource Council

Advisor Resource Council bought a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,827 shares of the exchange traded fund’s stock, valued at approximately $327,000.

Other large investors have also bought and sold shares of the company. Morgan Stanley grew its stake in shares of iShares U.S. Home Construction ETF by 143.0% during the 3rd quarter. Morgan Stanley now owns 3,673,796 shares of the exchange traded fund’s stock worth $288,356,000 after acquiring an additional 2,162,171 shares in the last quarter. Modera Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $62,778,000. Balyasny Asset Management L.P. bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $61,246,000. Wells Fargo & Company MN grew its stake in shares of iShares U.S. Home Construction ETF by 2.7% during the 4th quarter. Wells Fargo & Company MN now owns 282,127 shares of the exchange traded fund’s stock worth $28,701,000 after acquiring an additional 7,303 shares in the last quarter. Finally, Price Capital Management Inc. bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $22,850,000.

iShares U.S. Home Construction ETF Trading Up 0.3 %

BATS ITB opened at $98.15 on Friday. The company has a market cap of $2.49 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The stock has a 50 day moving average of $104.43 and a 200-day moving average of $104.81.

About iShares U.S. Home Construction ETF

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.