iShares U.S. Home Construction ETF (BATS:ITB) Shares Acquired by WESPAC Advisors SoCal LLC

WESPAC Advisors SoCal LLC lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 13.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,898 shares of the exchange traded fund’s stock after buying an additional 4,605 shares during the quarter. WESPAC Advisors SoCal LLC owned approximately 0.14% of iShares U.S. Home Construction ETF worth $4,387,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. lifted its stake in iShares U.S. Home Construction ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,308 shares of the exchange traded fund’s stock worth $337,000 after purchasing an additional 110 shares during the last quarter. Summit Financial LLC lifted its stake in iShares U.S. Home Construction ETF by 1.3% during the fourth 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 during the last quarter. Mariner LLC lifted its stake in iShares U.S. Home Construction ETF by 0.5% during the third quarter. Mariner LLC now owns 28,089 shares of the exchange traded fund’s stock worth $2,204,000 after purchasing an additional 129 shares during the last quarter. Cookson Peirce & Co. Inc. lifted its stake in iShares U.S. Home Construction ETF by 5.2% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 2,874 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 143 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares U.S. Home Construction ETF by 4.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 164 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

BATS ITB traded down $2.50 on Monday, reaching $98.56. The stock had a trading volume of 2,684,505 shares. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56. The business’s 50-day moving average price is $104.85 and its 200 day moving average price is $104.92. The stock has a market cap of $2.50 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.