iShares U.S. Home Construction ETF (BATS:ITB) Sets New 52-Week High at $115.68

iShares U.S. Home Construction ETF (BATS:ITB)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $115.68 and last traded at $116.21, with a volume of 1254085 shares changing hands. The stock had previously closed at $114.11.

iShares U.S. Home Construction ETF Stock Performance

The stock’s 50-day moving average is $108.14 and its 200 day moving average is $107.34. The stock has a market capitalization of $2.95 billion, a PE ratio of 11.56 and a beta of 1.41.

Hedge Funds Weigh In On iShares U.S. Home Construction ETF

Large investors have recently bought and sold shares of the stock. Vima LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $27,000. Tortoise Investment Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $34,000. VitalStone Financial LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $45,000. Vestor Capital LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $55,000. Finally, Capital Investment Advisory Services LLC grew its position in shares of iShares U.S. Home Construction ETF by 171.0% during the first quarter. Capital Investment Advisory Services LLC now owns 643 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 1,548 shares during the last quarter.

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.