Spire Wealth Management boosted its stake in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 148.0% during the first quarter, Holdings Channel.com reports. The fund owned 1,508 shares of the exchange traded fund’s stock after purchasing an additional 900 shares during the quarter. Spire Wealth Management’s holdings in iShares U.S. Home Construction ETF were worth $106,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. US Bancorp DE boosted its stake in iShares U.S. Home Construction ETF by 8.1% during the 1st quarter. US Bancorp DE now owns 2,340 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 176 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in iShares U.S. Home Construction ETF by 80.0% during the 1st quarter. Brown Brothers Harriman & Co. now owns 1,800 shares of the exchange traded fund’s stock worth $107,000 after purchasing an additional 800 shares during the last quarter. Ergoteles LLC acquired a new stake in iShares U.S. Home Construction ETF during the 1st quarter worth $3,373,000. Stamos Capital Partners L.P. boosted its stake in iShares U.S. Home Construction ETF by 73.1% during the 1st quarter. Stamos Capital Partners L.P. now owns 42,060 shares of the exchange traded fund’s stock worth $2,492,000 after purchasing an additional 17,760 shares during the last quarter. Finally, Mariner LLC boosted its stake in iShares U.S. Home Construction ETF by 4.0% during the 1st quarter. Mariner LLC now owns 20,710 shares of the exchange traded fund’s stock worth $1,227,000 after purchasing an additional 805 shares during the last quarter.
iShares U.S. Home Construction ETF Stock Up 0.7 %
BATS ITB opened at $83.35 on Wednesday. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The business’s fifty day simple moving average is $85.61 and its 200-day simple moving average is $76.58. The firm has a market cap of $2.33 billion, a PE ratio of 7.49 and a beta of 1.36.
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.
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Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Free Report).
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