US Bancorp DE Increases Position in iShares U.S. Home Construction ETF (BATS:ITB)

US Bancorp DE lifted its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 49.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,431 shares of the exchange traded fund’s stock after purchasing an additional 2,114 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Home Construction ETF were worth $665,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Stonebridge Financial Planning Group LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 0.7% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock valued at $1,824,000 after buying an additional 96 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 1.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 7,867 shares of the exchange traded fund’s stock valued at $813,000 after buying an additional 110 shares during the period. Sterling Investment Advisors Ltd. lifted its holdings in shares of iShares U.S. Home Construction ETF by 2.6% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 6,068 shares of the exchange traded fund’s stock valued at $627,000 after buying an additional 151 shares during the period. FMR LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 1.4% in 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. Finally, Guardian Asset Advisors LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 4.2% in the 4th quarter. Guardian Asset Advisors LLC now owns 4,892 shares of the exchange traded fund’s stock valued at $507,000 after buying an additional 196 shares during the period.

iShares U.S. Home Construction ETF Stock Down 7.4 %

Shares of iShares U.S. Home Construction ETF stock opened at $97.53 on Wednesday. The business has a 50-day moving average price of $103.54 and a 200 day moving average price of $114.10. iShares U.S. Home Construction ETF has a twelve month low of $95.35 and a twelve month high of $129.89. The firm has a market cap of $2.56 billion, a PE ratio of 11.84 and a beta of 1.57.

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.