Carret Asset Management LLC Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Carret Asset Management LLC acquired a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the 4th quarter, Holdings Channel reports. The firm acquired 2,229 shares of the exchange traded fund’s stock, valued at approximately $227,000.

Several other large investors also recently made changes to their positions in ITB. Mariner LLC grew its holdings in iShares U.S. Home Construction ETF by 0.5% during the 3rd quarter. Mariner LLC now owns 28,089 shares of the exchange traded fund’s stock worth $2,204,000 after acquiring an additional 129 shares in the last quarter. Cookson Peirce & Co. Inc. lifted its position in iShares U.S. Home Construction ETF by 5.2% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 2,874 shares of the exchange traded fund’s stock valued at $292,000 after purchasing an additional 143 shares during the last quarter. Pinnacle Associates Ltd. boosted its stake in iShares U.S. Home Construction ETF by 1.3% during the 3rd quarter. Pinnacle Associates Ltd. now owns 13,790 shares of the exchange traded fund’s stock valued at $1,082,000 after purchasing an additional 175 shares during the period. Koshinski Asset Management Inc. boosted its stake in iShares U.S. Home Construction ETF by 5.1% during the 3rd quarter. Koshinski Asset Management Inc. now owns 3,884 shares of the exchange traded fund’s stock valued at $305,000 after purchasing an additional 189 shares during the period. Finally, Scotia Capital Inc. boosted its stake in iShares U.S. Home Construction ETF by 0.5% during the 3rd quarter. Scotia Capital Inc. now owns 43,434 shares of the exchange traded fund’s stock valued at $3,409,000 after purchasing an additional 215 shares during the period.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS:ITB traded down $1.26 during trading on Thursday, reaching $104.74. The company had a trading volume of 2,010,109 shares. The firm’s fifty day moving average is $108.34 and its 200 day moving average is $97.29. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The firm has a market capitalization of $2.93 billion, a PE ratio of 11.72 and a beta of 1.38.

iShares U.S. Home Construction ETF Company 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.