Clal Insurance Enterprises Holdings Ltd Invests $28.89 Million in iShares U.S. Home Construction ETF $ITB

Clal Insurance Enterprises Holdings Ltd purchased a new position in iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 300,000 shares of the exchange traded fund’s stock, valued at approximately $28,890,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ITB. High Point Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $25,000. Aventura Private Wealth LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $29,000. Darwin Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF during the second quarter worth about $29,000. JPL Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF during the third quarter worth about $36,000. Finally, Fifth Third Bancorp grew its stake in iShares U.S. Home Construction ETF by 136.7% in the third quarter. Fifth Third Bancorp now owns 348 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 201 shares during the period.

iShares U.S. Home Construction ETF Price Performance

BATS ITB opened at $96.95 on Friday. The firm has a market cap of $2.23 billion, a P/E ratio of 10.18 and a beta of 1.31. The stock’s 50-day moving average is $93.60 and its 200-day moving average is $98.95. iShares U.S. Home Construction ETF has a one year low of $84.98 and a one year high of $118.00.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.