iShares U.S. Home Construction ETF (BATS:ITB) Sets New 52-Week High at $127.20

Shares of iShares U.S. Home Construction ETF (BATS:ITB) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $127.20 and last traded at $126.70, with a volume of 1302741 shares changing hands. The stock had previously closed at $125.59.

iShares U.S. Home Construction ETF Stock Up 0.9 %

The stock’s 50-day simple moving average is $117.55 and its 200 day simple moving average is $110.16. The firm has a market cap of $3.22 billion, a P/E ratio of 11.56 and a beta of 1.41.

Institutional Trading of iShares U.S. Home Construction ETF

Several large investors have recently modified their holdings of the stock. Brookstone Capital Management bought a new stake in iShares U.S. Home Construction ETF in the 1st quarter valued at about $400,000. Blackstone Inc. acquired a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter worth approximately $10,173,000. AdvisorNet Financial Inc lifted its holdings in shares of iShares U.S. Home Construction ETF by 17.2% in the 1st quarter. AdvisorNet Financial Inc now owns 4,296 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 631 shares in the last quarter. Centaurus Financial Inc. grew its position in iShares U.S. Home Construction ETF by 744.1% in the 4th quarter. Centaurus Financial Inc. now owns 45,622 shares of the exchange traded fund’s stock valued at $4,641,000 after purchasing an additional 40,217 shares during the period. Finally, MONECO Advisors LLC acquired a new position in iShares U.S. Home Construction ETF during the fourth quarter worth $206,000.

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.