Walleye Capital LLC Invests $6.93 Million in iShares U.S. Home Construction ETF (BATS:ITB)

Walleye Capital LLC purchased a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 54,526 shares of the exchange traded fund’s stock, valued at approximately $6,930,000.

A number of other large investors have also added to or reduced their stakes in the stock. Jane Street Group LLC increased its stake in shares of iShares U.S. Home Construction ETF by 151.0% during the 1st quarter. Jane Street Group LLC now owns 72,752 shares of the exchange traded fund’s stock worth $8,422,000 after purchasing an additional 43,770 shares during the last quarter. Tidal Investments LLC grew its holdings in 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 during the period. Cetera Investment Advisers increased its position in iShares U.S. Home Construction ETF by 2,486.0% in the first quarter. Cetera Investment Advisers now owns 89,114 shares of the exchange traded fund’s stock worth $10,317,000 after buying an additional 85,668 shares during the last quarter. Cetera Advisors LLC raised its stake in shares of iShares U.S. Home Construction ETF by 16.7% in the first quarter. Cetera Advisors LLC now owns 47,114 shares of the exchange traded fund’s stock valued at $5,454,000 after buying an additional 6,743 shares during the period. Finally, HBW Advisory Services LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter valued at $298,000.

iShares U.S. Home Construction ETF Stock Performance

ITB stock opened at $123.82 on Friday. The stock has a fifty day moving average of $122.45 and a 200-day moving average of $114.94. 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 has a market capitalization of $3.15 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

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.