K.J. Harrison & Partners Inc lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 88.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 47,000 shares of the exchange traded fund’s stock after acquiring an additional 22,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in iShares U.S. Home Construction ETF were worth $4,526,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vista Investment Management raised its stake in iShares U.S. Home Construction ETF by 5.4% during the 3rd quarter. Vista Investment Management now owns 2,322 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 119 shares during the period. DAVENPORT & Co LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 3.0% during the fourth quarter. DAVENPORT & Co LLC now owns 4,107 shares of the exchange traded fund’s stock valued at $396,000 after acquiring an additional 120 shares in the last quarter. Rothschild Investment LLC raised its position in shares of iShares U.S. Home Construction ETF by 0.4% during the third quarter. Rothschild Investment LLC now owns 34,665 shares of the exchange traded fund’s stock worth $3,718,000 after purchasing an additional 130 shares during the period. NBC Securities Inc. raised its position in shares of iShares U.S. Home Construction ETF by 8.7% during the fourth quarter. NBC Securities Inc. now owns 1,967 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 158 shares during the period. Finally, Jaffetilchin Investment Partners LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 6.0% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 2,819 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 160 shares in the last quarter.
iShares U.S. Home Construction ETF Trading Up 2.7%
BATS ITB opened at $95.32 on Thursday. The company has a market cap of $2.19 billion, a P/E ratio of 10.18 and a beta of 1.31. The company has a fifty day simple moving average of $95.93 and a 200 day simple moving average of $100.42. iShares U.S. Home Construction ETF has a 12-month low of $87.02 and a 12-month high of $118.00.
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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
See Also
Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Free Report).
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