iShares U.S. Home Construction ETF (BATS:ITB) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its position in iShares U.S. Home Construction ETF (BATS:ITB) by 262.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,258 shares of the exchange traded fund’s stock after purchasing an additional 10,325 shares during the quarter. Jones Financial Companies Lllp owned about 0.06% of iShares U.S. Home Construction ETF worth $1,474,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ITB. Golden State Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $28,000. Larson Financial Group LLC grew its holdings in iShares U.S. Home Construction ETF by 3,425.0% in the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 274 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at $40,000. FSA Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at $46,000. Finally, Synergy Asset Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at $112,000.

iShares U.S. Home Construction ETF Stock Down 5.1 %

Shares of BATS:ITB opened at $99.97 on Friday. The business has a fifty day moving average of $103.73 and a two-hundred day moving average of $114.38. The stock has a market cap of $2.63 billion, a P/E ratio of 11.84 and a beta of 1.57. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56.

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.