IMC Chicago LLC Invests $2.14 Million in iShares U.S. Home Construction ETF $ITB

IMC Chicago LLC acquired a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the first quarter, Holdings Channel reports. The institutional investor acquired 23,619 shares of the exchange traded fund’s stock, valued at approximately $2,139,000.

A number of other institutional investors have also made changes to their positions in ITB. Healthcare of Ontario Pension Plan Trust Fund grew its position in iShares U.S. Home Construction ETF by 102.9% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,704,500 shares of the exchange traded fund’s stock valued at $164,143,000 after purchasing an additional 864,500 shares in the last quarter. MKP Capital Management L.L.C. bought a new stake in iShares U.S. Home Construction ETF during the 4th quarter worth about $37,538,000. Raymond James Financial Inc. boosted its stake in shares of iShares U.S. Home Construction ETF by 329.7% during the 3rd quarter. Raymond James Financial Inc. now owns 440,063 shares of the exchange traded fund’s stock worth $47,197,000 after buying an additional 337,660 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $28,890,000. Finally, BlueCrest Capital Management Ltd bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $24,399,000.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $97.94 on Thursday. The stock’s 50-day simple moving average is $95.59 and its 200 day simple moving average is $98.70. The company has a market cap of $2.25 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 52-week low of $84.98 and a 52-week high of $118.00.

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.