Beckerman Institutional LLC Buys Shares of 7,732 iShares U.S. Home Construction ETF (BATS:ITB)

Beckerman Institutional LLC acquired a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 7,732 shares of the exchange traded fund’s stock, valued at approximately $983,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Heritage Wealth Management Inc. acquired a new position in iShares U.S. Home Construction ETF during the 3rd quarter worth about $257,000. Concurrent Investment Advisors LLC bought a new position in iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $474,000. Tobias Financial Advisors Inc. acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth approximately $251,000. Clarity Financial LLC acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at approximately $1,646,000. Finally, Interchange Capital Partners LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $209,000.

iShares U.S. Home Construction ETF Price Performance

ITB opened at $121.07 on Friday. The firm has a market capitalization of $3.08 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The company’s 50-day moving average is $122.69 and its 200 day moving average is $113.47.

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.