Carl P. Sherr & Co. LLC Purchases New Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Carl P. Sherr & Co. LLC acquired a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 3rd quarter, Holdings Channel reports. The firm acquired 5,066 shares of the exchange traded fund’s stock, valued at approximately $644,000.

Several other large investors have also recently added to or reduced their stakes in ITB. Price T Rowe Associates Inc. MD increased its position in iShares U.S. Home Construction ETF by 5.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 257,634 shares of the exchange traded fund’s stock worth $29,827,000 after buying an additional 12,835 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 151.0% during the first quarter. Jane Street Group LLC now owns 72,752 shares of the exchange traded fund’s stock valued at $8,422,000 after purchasing an additional 43,770 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 61.2% during the first quarter. Tidal Investments LLC now owns 16,273 shares of the exchange traded fund’s stock valued at $1,884,000 after purchasing an additional 6,176 shares in the last quarter. Atria Investments Inc boosted its stake in shares of iShares U.S. Home Construction ETF by 183.8% during the first quarter. Atria Investments Inc now owns 44,931 shares of the exchange traded fund’s stock valued at $5,202,000 after purchasing an additional 29,097 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of iShares U.S. Home Construction ETF by 2,486.0% during the first quarter. Cetera Investment Advisers now owns 89,114 shares of the exchange traded fund’s stock worth $10,317,000 after acquiring an additional 85,668 shares during the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB opened at $123.78 on Friday. 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 $3.14 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The business has a 50-day moving average of $122.59 and a 200-day moving average of $114.76.

About iShares U.S. Home Construction ETF

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.