Allworth Financial LP Buys 13,770 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Allworth Financial LP lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 1,125.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,993 shares of the exchange traded fund’s stock after buying an additional 13,770 shares during the period. Allworth Financial LP owned about 0.06% of iShares U.S. Home Construction ETF worth $1,645,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. purchased a new position in iShares U.S. Home Construction ETF during the 3rd quarter worth $37,000. Park Avenue Securities LLC lifted its position in shares of iShares U.S. Home Construction ETF by 27.8% during 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. Strategic Financial Concepts LLC purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter worth about $160,000. Sigma Planning Corp grew its position in iShares U.S. Home Construction ETF by 49.0% in 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. Finally, Frank Rimerman Advisors LLC purchased a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at about $210,000.

iShares U.S. Home Construction ETF Stock Down 3.1 %

iShares U.S. Home Construction ETF stock opened at $102.06 on Wednesday. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The stock has a market cap of $2.59 billion, a P/E ratio of 11.56 and a beta of 1.41. The company’s 50 day moving average price is $106.07 and its two-hundred day moving average price is $115.54.

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.