iShares U.S. Home Construction ETF (BATS:ITB) Shares Bought by Creative Planning

Creative Planning lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,913 shares of the exchange traded fund’s stock after acquiring an additional 1,416 shares during the period. Creative Planning owned 0.10% of iShares U.S. Home Construction ETF worth $2,518,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vima LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $27,000. Tortoise Investment Management LLC acquired a new position in iShares U.S. Home Construction ETF in the fourth quarter valued at $34,000. VitalStone Financial LLC purchased a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at about $45,000. Adirondack Trust Co. grew its position in iShares U.S. Home Construction ETF by 37.2% during the fourth quarter. Adirondack Trust Co. now owns 704 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 191 shares during the period. Finally, Opal Wealth Advisors LLC acquired a new stake in iShares U.S. Home Construction ETF during the second quarter worth about $138,000.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $123.72 on Friday. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The stock’s 50-day moving average is $119.85 and its 200-day moving average is $111.32.

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.