Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Takes Position in iShares U.S. Home Construction ETF $ITB

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 82,822 shares of the exchange traded fund’s stock, valued at approximately $8,653,000. iShares U.S. Home Construction ETF accounts for approximately 1.1% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s investment portfolio, making the stock its 29th largest holding. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD owned 0.36% of iShares U.S. Home Construction ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ITB. Empowered Funds LLC increased its position in iShares U.S. Home Construction ETF by 168.8% during the 1st quarter. Empowered Funds LLC now owns 12,719 shares of the exchange traded fund’s stock worth $1,211,000 after buying an additional 7,987 shares during the period. Cerity Partners LLC boosted its position in shares of iShares U.S. Home Construction ETF by 125.0% in the second quarter. Cerity Partners LLC now owns 5,556 shares of the exchange traded fund’s stock valued at $518,000 after acquiring an additional 3,087 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of iShares U.S. Home Construction ETF in the second quarter valued at about $29,000. Jupiter Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the second quarter valued at about $932,000. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares U.S. Home Construction ETF by 83.9% in the second quarter. Ameriprise Financial Inc. now owns 137,643 shares of the exchange traded fund’s stock valued at $12,829,000 after acquiring an additional 62,785 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $91.05 on Wednesday. iShares U.S. Home Construction ETF has a 52 week low of $84.98 and a 52 week high of $116.40. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. The firm’s 50-day simple moving average is $97.37 and its 200 day simple moving average is $96.37.

About iShares U.S. Home Construction ETF

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.