Wealthgarden F.S. LLC Makes New $426,000 Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Wealthgarden F.S. LLC purchased a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,122 shares of the exchange traded fund’s stock, valued at approximately $426,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ITB. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares U.S. Home Construction ETF in the third quarter valued at $63,042,000. Empirical Asset Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at $24,537,000. BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Home Construction ETF by 25.3% in 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 last quarter. Strategic Financial Concepts LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at $160,000. Finally, Kingsview Wealth Management LLC increased its holdings 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 valued at $8,186,000 after purchasing an additional 59,023 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

ITB stock opened at $98.25 on Friday. The company has a market capitalization of $2.50 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The company’s 50-day simple moving average is $105.18 and its 200 day simple moving average is $115.25.

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.