iShares U.S. Home Construction ETF (BATS:ITB) Position Increased by HBW Advisory Services LLC

HBW Advisory Services LLC grew its position in iShares U.S. Home Construction ETF (BATS:ITB) by 154.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,523 shares of the exchange traded fund’s stock after buying an additional 4,570 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $956,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in ITB. Vima LLC acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $27,000. Tortoise Investment Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter worth $34,000. VitalStone Financial LLC acquired a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at $45,000. Adirondack Trust Co. grew its stake in iShares U.S. Home Construction ETF by 37.2% in the fourth quarter. Adirondack Trust Co. now owns 704 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 191 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in iShares U.S. Home Construction ETF in the 2nd quarter worth about $138,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of iShares U.S. Home Construction ETF stock traded down $2.30 during trading on Friday, hitting $123.72. 2,634,366 shares of the stock traded hands. The company has a fifty day moving average price of $119.85 and a two-hundred day moving average price of $111.31. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The stock has a market cap of $3.14 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.