Signature Estate & Investment Advisors LLC Acquires New Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Signature Estate & Investment Advisors LLC purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,794 shares of the exchange traded fund’s stock, valued at approximately $383,000.

A number of other institutional investors have also made changes to their positions in the business. Vima LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $27,000. Tortoise Investment Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $34,000. VitalStone Financial LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $45,000. Vestor Capital LLC bought a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at $55,000. Finally, Capital Investment Advisory Services LLC boosted its position in 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 purchasing an additional 1,548 shares during the period.

iShares U.S. Home Construction ETF Stock Down 1.1 %

Shares of ITB traded down $1.40 during trading hours on Tuesday, hitting $121.75. The company had a trading volume of 1,452,376 shares. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The business has a fifty day moving average of $109.95 and a 200-day moving average of $108.06. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56.

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.