Secure Asset Management LLC Acquires 1,074 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Secure Asset Management LLC raised its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 38.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,839 shares of the exchange traded fund’s stock after buying an additional 1,074 shares during the period. Secure Asset Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $397,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ITB. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at about $63,042,000. Empirical Asset Management LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $24,537,000. BNP Paribas Financial Markets boosted its stake in shares of iShares U.S. Home Construction ETF by 25.3% during the third quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock valued at $109,481,000 after purchasing an additional 173,654 shares during the period. Marks Wealth LLC bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth approximately $11,211,000. Finally, Kingsview Wealth Management LLC increased its stake in shares of iShares U.S. Home Construction ETF by 1,096.5% in the third quarter. Kingsview Wealth Management LLC now owns 64,406 shares of the exchange traded fund’s stock worth $8,186,000 after buying an additional 59,023 shares during the period.

iShares U.S. Home Construction ETF Stock Up 3.3 %

BATS:ITB opened at $108.76 on Friday. The firm has a market capitalization of $2.76 billion, a P/E ratio of 11.56 and a beta of 1.41. The company has a fifty day moving average of $111.37 and a 200 day moving average of $116.45. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56.

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.