MKP Capital Management L.L.C. Buys Shares of 389,800 iShares U.S. Home Construction ETF $ITB

MKP Capital Management L.L.C. bought a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 389,800 shares of the exchange traded fund’s stock, valued at approximately $37,538,000. iShares U.S. Home Construction ETF comprises 1.3% of MKP Capital Management L.L.C.’s investment portfolio, making the stock its 12th biggest position. MKP Capital Management L.L.C. owned 1.69% of iShares U.S. Home Construction ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Main Management ETF Advisors LLC lifted its position in iShares U.S. Home Construction ETF by 2.6% during the fourth quarter. Main Management ETF Advisors LLC now owns 643,542 shares of the exchange traded fund’s stock valued at $61,973,000 after purchasing an additional 16,140 shares during the last quarter. Main Management LLC lifted its position in iShares U.S. Home Construction ETF by 7.8% during the fourth quarter. Main Management LLC now owns 171,371 shares of the exchange traded fund’s stock valued at $16,503,000 after purchasing an additional 12,348 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $96,000. Kingsview Wealth Management LLC lifted its position in iShares U.S. Home Construction ETF by 5.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 156,586 shares of the exchange traded fund’s stock valued at $15,079,000 after purchasing an additional 7,607 shares during the last quarter. Finally, Prospera Financial Services Inc lifted its position in iShares U.S. Home Construction ETF by 37.7% during the fourth quarter. Prospera Financial Services Inc now owns 7,319 shares of the exchange traded fund’s stock valued at $705,000 after purchasing an additional 2,005 shares during the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of iShares U.S. Home Construction ETF stock opened at $93.02 on Tuesday. iShares U.S. Home Construction ETF has a 1 year low of $84.98 and a 1 year high of $118.00. The firm has a market cap of $2.14 billion, a PE ratio of 10.18 and a beta of 1.31. The company has a 50 day simple moving average of $92.85 and a two-hundred day simple moving average of $99.07.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.