iShares U.S. Home Construction ETF (BATS:ITB) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 206.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,802 shares of the exchange traded fund’s stock after acquiring an additional 5,932 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Home Construction ETF were worth $895,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ITB. Morgan Stanley raised its position in iShares U.S. Home Construction ETF by 143.0% during the third quarter. Morgan Stanley now owns 3,673,796 shares of the exchange traded fund’s stock valued at $288,356,000 after buying an additional 2,162,171 shares during the period. Modera Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $62,778,000. Barclays PLC lifted its position in shares of iShares U.S. Home Construction ETF by 57,285.6% in the third quarter. Barclays PLC now owns 700,104 shares of the exchange traded fund’s stock worth $54,951,000 after purchasing an additional 698,884 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth approximately $34,555,000. Finally, Price Capital Management Inc. purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $22,850,000.

iShares U.S. Home Construction ETF Trading Down 0.9 %

ITB stock traded down $0.93 during midday trading on Wednesday, reaching $107.94. The company had a trading volume of 770,221 shares. The company has a 50 day moving average of $108.67 and a two-hundred day moving average of $99.36. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The company has a market capitalization of $2.74 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.