Well Done LLC Has $4.10 Million Position in iShares U.S. Home Construction ETF (BATS:ITB)

Well Done LLC lifted its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 5.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,662 shares of the exchange traded fund’s stock after purchasing an additional 2,214 shares during the period. Well Done LLC owned 0.15% of iShares U.S. Home Construction ETF worth $4,101,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 94.5% in the first quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 154 shares in the last quarter. Flagship Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $37,000. Redwood Park Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $39,000. BOKF NA increased its holdings in shares of iShares U.S. Home Construction ETF by 97.6% in the fourth quarter. BOKF NA now owns 405 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 200 shares in the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $48,000.

iShares U.S. Home Construction ETF Stock Performance

ITB opened at $87.71 on Thursday. The company has a fifty day moving average price of $91.18 and a two-hundred day moving average price of $98.96. iShares U.S. Home Construction ETF has a 52 week low of $82.71 and a 52 week high of $129.89. The firm has a market capitalization of $2.07 billion, a PE ratio of 10.82 and a beta of 1.31.

iShares U.S. Home Construction ETF 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.