43,334 Shares in iShares U.S. Home Construction ETF $ITB Purchased by Night Squared LP

Night Squared LP purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 43,334 shares of the exchange traded fund’s stock, valued at approximately $4,037,000. iShares U.S. Home Construction ETF makes up about 1.8% of Night Squared LP’s portfolio, making the stock its 26th biggest holding. Night Squared LP owned 0.19% of iShares U.S. Home Construction ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ITB. PNC Financial Services Group Inc. boosted its holdings in iShares U.S. Home Construction ETF by 4.0% during the first quarter. PNC Financial Services Group Inc. now owns 3,144 shares of the exchange traded fund’s stock worth $299,000 after purchasing an additional 121 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in iShares U.S. Home Construction ETF during the first quarter valued at about $84,000. Meridian Wealth Management LLC boosted its position in iShares U.S. Home Construction ETF by 18.2% during the first quarter. Meridian Wealth Management LLC now owns 16,801 shares of the exchange traded fund’s stock worth $1,600,000 after purchasing an additional 2,591 shares during the period. Menora Mivtachim Holdings LTD. purchased a new position in iShares U.S. Home Construction ETF in the 1st quarter valued at approximately $119,774,000. Finally, Giverny Capital Inc. raised its holdings in iShares U.S. Home Construction ETF by 5.1% during the 1st quarter. Giverny Capital Inc. now owns 10,961 shares of the exchange traded fund’s stock valued at $1,044,000 after acquiring an additional 529 shares during the period.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $98.96 on Wednesday. The firm has a market capitalization of $2.28 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a one year low of $82.71 and a one year high of $129.89. The business has a fifty day moving average price of $101.50 and a 200-day moving average price of $101.30.

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.