Strategic Financial Concepts LLC Invests $160,000 in iShares U.S. Home Construction ETF (BATS:ITB)

Strategic Financial Concepts LLC bought a new stake in iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 160,363 shares of the exchange traded fund’s stock, valued at approximately $160,000. Strategic Financial Concepts LLC owned about 0.63% of iShares U.S. Home Construction ETF at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Stonebridge Financial Planning Group LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 0.7% during the third quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock valued at $1,824,000 after purchasing an additional 96 shares during the period. Great Diamond Partners LLC raised its holdings in iShares U.S. Home Construction ETF by 1.0% during the 3rd quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after buying an additional 169 shares during the last quarter. FMR LLC boosted its position in iShares U.S. Home Construction ETF by 1.4% during the 3rd quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock valued at $1,626,000 after buying an additional 182 shares during the period. AdvisorNet Financial Inc grew its holdings in iShares U.S. Home Construction ETF by 5.3% in the 4th quarter. AdvisorNet Financial Inc now owns 4,001 shares of the exchange traded fund’s stock worth $414,000 after acquiring an additional 203 shares during the last quarter. Finally, KKM Financial LLC grew its holdings in iShares U.S. Home Construction ETF by 2.2% in the 3rd quarter. KKM Financial LLC now owns 9,808 shares of the exchange traded fund’s stock worth $1,247,000 after acquiring an additional 211 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 3.4 %

Shares of BATS:ITB opened at $101.69 on Thursday. The company has a 50-day moving average price of $107.35 and a 200-day moving average price of $116.01. The company has a market cap of $2.58 billion, a price-to-earnings 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.

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.