Zhang Financial LLC Purchases 1,517 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Zhang Financial LLC raised its position in iShares U.S. Home Construction ETF (BATS:ITB) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,967 shares of the exchange traded fund’s stock after purchasing an additional 1,517 shares during the quarter. Zhang Financial LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,754,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can raised its holdings in iShares U.S. Home Construction ETF by 5.9% in the 2nd quarter. Bank of Montreal Can now owns 6,987 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 390 shares during the last quarter. Toronto Dominion Bank acquired a new position in iShares U.S. Home Construction ETF in the 2nd quarter valued at approximately $3,538,000. Prairie Wealth Advisors Inc. raised its stake in shares of iShares U.S. Home Construction ETF by 9.5% during the second quarter. Prairie Wealth Advisors Inc. now owns 6,319 shares of the exchange traded fund’s stock valued at $639,000 after acquiring an additional 548 shares during the last quarter. Creative Planning lifted its holdings in shares of iShares U.S. Home Construction ETF by 6.0% during the second quarter. Creative Planning now owns 24,913 shares of the exchange traded fund’s stock worth $2,518,000 after purchasing an additional 1,416 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares U.S. Home Construction ETF by 4.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,820 shares of the exchange traded fund’s stock worth $2,104,000 after purchasing an additional 804 shares during the period.

iShares U.S. Home Construction ETF Stock Up 3.8 %

BATS ITB opened at $109.32 on Monday. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The stock has a fifty day simple moving average of $112.32 and a 200 day simple moving average of $116.31.

iShares U.S. Home Construction ETF Company 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.