iShares U.S. Home Construction ETF (BATS:ITB) Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 206.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,802 shares of the exchange traded fund’s stock after purchasing an additional 5,932 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Home Construction ETF were worth $895,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ITB. Leuthold Group LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 7.4% in the fourth quarter. Leuthold Group LLC now owns 41,935 shares of the exchange traded fund’s stock valued at $4,266,000 after purchasing an additional 2,904 shares in the last quarter. Spire Wealth Management raised its stake in shares of iShares U.S. Home Construction ETF by 25.5% in the fourth quarter. Spire Wealth Management now owns 20,632 shares of the exchange traded fund’s stock valued at $2,113,000 after acquiring an additional 4,197 shares in the last quarter. Fisher Asset Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at $378,000. Summit Financial LLC grew its stake in iShares U.S. Home Construction ETF by 1.3% during the 4th quarter. Summit Financial LLC now owns 9,413 shares of the exchange traded fund’s stock worth $958,000 after purchasing an additional 117 shares in the last quarter. Finally, MONECO Advisors LLC purchased a new stake in iShares U.S. Home Construction ETF during the 4th quarter worth about $206,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB traded down $0.93 during midday trading on Wednesday, hitting $107.94. The company had a trading volume of 770,221 shares. The company’s 50-day simple moving average is $108.67 and its 200-day simple moving average is $99.36. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The firm has a market capitalization of $2.74 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.