Darwin Wealth Management LLC Invests $40,000 in iShares U.S. Home Construction ETF (BATS:ITB)

Darwin Wealth Management LLC purchased a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 314 shares of the exchange traded fund’s stock, valued at approximately $40,000.

Several other large investors have also recently made changes to their positions in ITB. Blue Trust Inc. bought a new position in iShares U.S. Home Construction ETF in the third quarter worth about $37,000. Opal Wealth Advisors LLC purchased a new stake in iShares U.S. Home Construction ETF during the 2nd quarter valued at approximately $138,000. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter valued at approximately $138,000. Strategic Financial Concepts LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter valued at approximately $157,000. Finally, Trust Co. of Vermont bought a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth $191,000.

iShares U.S. Home Construction ETF Stock Performance

BATS ITB opened at $118.69 on Friday. The firm’s 50 day moving average price is $122.73 and its 200-day moving average price is $114.25. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The company has a market cap of $3.01 billion, a PE ratio of 11.56 and a beta of 1.41.

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.