iShares U.S. Home Construction ETF (BATS:ITB) Reaches New 1-Year High at $110.18

iShares U.S. Home Construction ETF (BATS:ITB) shares hit a new 52-week high during trading on Monday . The stock traded as high as $110.18 and last traded at $108.52, with a volume of 1604782 shares. The stock had previously closed at $108.58.

iShares U.S. Home Construction ETF Stock Down 0.1 %

The stock has a market cap of $2.76 billion, a P/E ratio of 11.56 and a beta of 1.41. The firm has a 50 day moving average price of $103.97 and a 200 day moving average price of $104.88.

Institutional Trading of iShares U.S. Home Construction ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Anchor Investment Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter worth approximately $43,000. SG Americas Securities LLC grew its position in iShares U.S. Home Construction ETF by 46.6% during the fourth quarter. SG Americas Securities LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $217,000 after buying an additional 679 shares during the period. SMI Advisory Services LLC acquired a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $5,072,000. Raymond James & Associates increased its holdings in iShares U.S. Home Construction ETF by 14.9% in the 4th quarter. Raymond James & Associates now owns 133,303 shares of the exchange traded fund’s stock worth $13,561,000 after acquiring an additional 17,273 shares in the last quarter. Finally, D. Scott Neal Inc. acquired a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $203,000.

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.