Signature Estate & Investment Advisors LLC Grows Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Signature Estate & Investment Advisors LLC boosted its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 34.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,116 shares of the exchange traded fund’s stock after purchasing an additional 1,321 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $529,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ITB. Strategic Financial Concepts LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter worth about $160,000. Park Avenue Securities LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 27.8% in the fourth quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 980 shares in the last quarter. Amundi purchased a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $134,000. Empowered Funds LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $489,000. Finally, US Bancorp DE lifted its stake in iShares U.S. Home Construction ETF by 49.0% in the 4th quarter. US Bancorp DE now owns 6,431 shares of the exchange traded fund’s stock valued at $665,000 after buying an additional 2,114 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS:ITB opened at $96.96 on Thursday. iShares U.S. Home Construction ETF has a one year low of $93.39 and a one year high of $129.89. The stock has a market cap of $2.42 billion, a PE ratio of 11.19 and a beta of 1.61. The business’s fifty day moving average price is $101.94 and its two-hundred day moving average price is $112.16.

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.