53,378 Shares in iShares U.S. Home Construction ETF $ITB Bought by SummitTX Capital L.P.

SummitTX Capital L.P. purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 53,378 shares of the exchange traded fund’s stock, valued at approximately $4,833,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Morgan Stanley grew its stake in iShares U.S. Home Construction ETF by 12.3% during the fourth quarter. Morgan Stanley now owns 1,994,342 shares of the exchange traded fund’s stock worth $192,055,000 after buying an additional 219,142 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of iShares U.S. Home Construction ETF by 102.9% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,704,500 shares of the exchange traded fund’s stock valued at $164,143,000 after buying an additional 864,500 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares U.S. Home Construction ETF by 8.1% in the 4th quarter. LPL Financial LLC now owns 822,488 shares of the exchange traded fund’s stock valued at $79,206,000 after buying an additional 61,688 shares in the last quarter. Main Management ETF Advisors LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 2.6% during the 4th quarter. Main Management ETF Advisors LLC now owns 643,542 shares of the exchange traded fund’s stock worth $61,973,000 after acquiring an additional 16,140 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of iShares U.S. Home Construction ETF by 329.7% during the 3rd quarter. Raymond James Financial Inc. now owns 440,063 shares of the exchange traded fund’s stock worth $47,197,000 after acquiring an additional 337,660 shares during the period.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB opened at $97.98 on Tuesday. iShares U.S. Home Construction ETF has a one year low of $84.98 and a one year high of $118.00. The firm has a 50 day simple moving average of $96.65 and a two-hundred day simple moving average of $98.65. The company has a market cap of $2.25 billion, a P/E ratio of 10.18 and a beta of 1.31.

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.