PFG Advisors Buys 397 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

PFG Advisors lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,945 shares of the exchange traded fund’s stock after purchasing an additional 397 shares during the period. PFG Advisors owned 0.07% of iShares U.S. Home Construction ETF worth $1,855,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ITB. Sigma Planning Corp raised its stake in shares of iShares U.S. Home Construction ETF by 49.0% during the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock worth $1,204,000 after purchasing an additional 3,117 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of iShares U.S. Home Construction ETF by 39.3% during the 3rd quarter. Harbour Investments Inc. now owns 5,320 shares of the exchange traded fund’s stock worth $676,000 after acquiring an additional 1,502 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of iShares U.S. Home Construction ETF by 52.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 9,240 shares of the exchange traded fund’s stock worth $1,174,000 after acquiring an additional 3,184 shares during the last quarter. WESPAC Advisors SoCal LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 39.1% during the 3rd quarter. WESPAC Advisors SoCal LLC now owns 65,099 shares of the exchange traded fund’s stock worth $8,274,000 after acquiring an additional 18,301 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $40,000.

iShares U.S. Home Construction ETF Trading Down 8.5 %

ITB stock opened at $96.41 on Thursday. The firm has a market capitalization of $2.54 billion, a PE ratio of 11.84 and a beta of 1.57. iShares U.S. Home Construction ETF has a 1-year low of $95.35 and a 1-year high of $129.89. The business’s 50 day simple moving average is $103.43 and its 200 day simple moving average is $113.92.

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.