2,229 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Purchased by Carret Asset Management LLC

Carret Asset Management LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,229 shares of the exchange traded fund’s stock, valued at approximately $227,000.

A number of other large investors have also added to or reduced their stakes in ITB. Mariner LLC boosted its position in iShares U.S. Home Construction ETF by 0.5% in the 3rd quarter. Mariner LLC now owns 28,089 shares of the exchange traded fund’s stock worth $2,204,000 after purchasing an additional 129 shares in the last quarter. Cookson Peirce & Co. Inc. boosted its position in iShares U.S. Home Construction ETF by 5.2% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 2,874 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 143 shares in the last quarter. Pinnacle Associates Ltd. boosted its position in iShares U.S. Home Construction ETF by 1.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 13,790 shares of the exchange traded fund’s stock worth $1,082,000 after purchasing an additional 175 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in shares of iShares U.S. Home Construction ETF by 5.1% during the 3rd quarter. Koshinski Asset Management Inc. now owns 3,884 shares of the exchange traded fund’s stock valued at $305,000 after buying an additional 189 shares in the last quarter. Finally, Scotia Capital Inc. lifted its position in shares of iShares U.S. Home Construction ETF by 0.5% during the 3rd quarter. Scotia Capital Inc. now owns 43,434 shares of the exchange traded fund’s stock valued at $3,409,000 after buying an additional 215 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS:ITB traded down $1.26 during midday trading on Thursday, reaching $104.74. 2,010,109 shares of the company’s stock traded hands. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The company has a market cap of $2.93 billion, a P/E ratio of 11.72 and a beta of 1.38. The company has a fifty day simple moving average of $108.34 and a two-hundred day simple moving average of $97.29.

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.