Amundi Invests $134,000 in iShares U.S. Home Construction ETF (BATS:ITB)

Amundi bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,300 shares of the exchange traded fund’s stock, valued at approximately $134,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC purchased a new stake in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $160,000. Park Avenue Securities LLC grew its stake in iShares U.S. Home Construction ETF by 27.8% in the 4th quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock worth $466,000 after acquiring an additional 980 shares during the period. Empowered Funds LLC purchased a new stake in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $489,000. US Bancorp DE grew its stake in iShares U.S. Home Construction ETF by 49.0% in the 4th quarter. US Bancorp DE now owns 6,431 shares of the exchange traded fund’s stock worth $665,000 after acquiring an additional 2,114 shares during the period. Finally, HighTower Advisors LLC grew its stake in iShares U.S. Home Construction ETF by 43.3% in the 3rd quarter. HighTower Advisors LLC now owns 72,136 shares of the exchange traded fund’s stock worth $9,173,000 after acquiring an additional 21,803 shares during the period.

iShares U.S. Home Construction ETF Stock Performance

ITB stock opened at $94.86 on Friday. The stock has a market capitalization of $2.37 billion, a P/E ratio of 11.19 and a beta of 1.61. iShares U.S. Home Construction ETF has a one year low of $93.39 and a one year high of $129.89. The company has a 50 day moving average price of $102.27 and a two-hundred day moving average price of $112.62.

iShares U.S. Home Construction ETF 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.