176,665 Shares in iShares U.S. Home Construction ETF $ITB Acquired by Equity Investment Corp

Equity Investment Corp acquired a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 176,665 shares of the exchange traded fund’s stock, valued at approximately $15,373,000. Equity Investment Corp owned approximately 0.77% of iShares U.S. Home Construction ETF as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ITB. Allspring Global Investments Holdings LLC purchased a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $2,454,000. StoneX Group Inc. bought a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth $424,000. Parallel Advisors LLC raised its stake in shares of iShares U.S. Home Construction ETF by 22.1% in the third quarter. Parallel Advisors LLC now owns 2,696 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 488 shares during the last quarter. Mader & Shannon Wealth Management Inc. raised its stake in shares of iShares U.S. Home Construction ETF by 2.8% in the third quarter. Mader & Shannon Wealth Management Inc. now owns 50,124 shares of the exchange traded fund’s stock worth $4,362,000 after purchasing an additional 1,354 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of iShares U.S. Home Construction ETF by 2.7% in the third quarter. Kestra Advisory Services LLC now owns 22,189 shares of the exchange traded fund’s stock worth $1,931,000 after purchasing an additional 577 shares during the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $96.19 on Wednesday. The company has a market cap of $2.27 billion, a P/E ratio of 17.46 and a beta of 1.27. iShares U.S. Home Construction ETF has a 1 year low of $82.08 and a 1 year high of $115.26. The stock’s fifty day moving average price is $89.77 and its 200-day moving average price is $95.86.

iShares U.S. Home Construction ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.2104 dividend. This represents a $0.84 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.1592.

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.