iShares U.S. Home Construction ETF (BATS:ITB) Reaches New 12-Month High at $103.95

Posted by Trevor Kearing on Apr 24th, 2024

iShares U.S. Home Construction ETF (BATS:ITB – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $103.95 and last traded at $103.22, with a volume of 1787493 shares. The stock had previously closed at $102.36.

iShares U.S. Home Construction ETF Trading Up 2.7 %

The firm’s fifty day moving average price is $108.23 and its two-hundred day moving average price is $97.02. The stock has a market capitalization of $2.96 billion, a PE ratio of 11.72 and a beta of 1.38.

Institutional Trading of iShares U.S. Home Construction ETF

Institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC raised its stake in shares of iShares U.S. Home Construction ETF by 27.2% during the 1st quarter. Global Retirement Partners LLC now owns 4,810 shares of the exchange traded fund’s stock worth $557,000 after buying an additional 1,030 shares during the last quarter. Genesee Capital Advisors LLC raised its position in iShares U.S. Home Construction ETF by 0.9% during the first quarter. Genesee Capital Advisors LLC now owns 29,975 shares of the exchange traded fund’s stock worth $3,470,000 after acquiring an additional 255 shares during the last quarter. Parsons Capital Management Inc. RI lifted its holdings in shares of iShares U.S. Home Construction ETF by 2.0% in the first quarter. Parsons Capital Management Inc. RI now owns 18,586 shares of the exchange traded fund’s stock valued at $2,152,000 after purchasing an additional 369 shares in the last quarter. KWB Wealth acquired a new stake in shares of iShares U.S. Home Construction ETF in the first quarter valued at approximately $736,000. Finally, Advisor Resource Council purchased a new position in shares of iShares U.S. Home Construction ETF during the 1st quarter worth approximately $327,000.

About iShares U.S. Home Construction ETF

(Get Free Report)

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.