Stonebridge Financial Planning Group LLC Has $1.82 Million Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Stonebridge Financial Planning Group LLC boosted its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 0.7% in the third quarter, Holdings Channel.com reports. The fund owned 14,350 shares of the exchange traded fund’s stock after buying an additional 96 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,824,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ITB. Strategic Financial Concepts LLC bought a new position in iShares U.S. Home Construction ETF in the second quarter valued at approximately $157,000. Mirae Asset Securities USA Inc. bought a new position in iShares U.S. Home Construction ETF during the second quarter worth about $15,159,000. Marks Wealth LLC acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $11,211,000. Cetera Investment Advisers boosted its holdings in shares of iShares U.S. Home Construction ETF by 2,486.0% during the first quarter. Cetera Investment Advisers now owns 89,114 shares of the exchange traded fund’s stock worth $10,317,000 after acquiring an additional 85,668 shares during the period. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at about $6,927,000.

iShares U.S. Home Construction ETF Trading Down 0.2 %

ITB traded down $0.20 on Wednesday, reaching $117.28. The stock had a trading volume of 914,311 shares. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The firm has a 50-day moving average of $122.74 and a 200-day moving average of $114.23.

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.