356 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Purchased by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC purchased a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 356 shares of the exchange traded fund’s stock, valued at approximately $37,000.

A number of other large investors have also recently made changes to their positions in the company. Harbour Investments Inc. boosted its stake in shares of iShares U.S. Home Construction ETF by 17.5% during the 4th quarter. Harbour Investments Inc. now owns 6,252 shares of the exchange traded fund’s stock worth $646,000 after purchasing an additional 932 shares during the period. Family Firm Inc. boosted its stake in shares of iShares U.S. Home Construction ETF by 15.3% during the 4th quarter. Family Firm Inc. now owns 7,772 shares of the exchange traded fund’s stock worth $804,000 after purchasing an additional 1,030 shares during the period. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $889,000. PFG Advisors boosted its stake in shares of iShares U.S. Home Construction ETF by 2.3% during the 4th quarter. PFG Advisors now owns 17,945 shares of the exchange traded fund’s stock worth $1,855,000 after purchasing an additional 397 shares during the period. Finally, Miller Financial Services LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $1,469,000.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $96.01 on Tuesday. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 11.19 and a beta of 1.61. iShares U.S. Home Construction ETF has a 1 year low of $93.45 and a 1 year high of $129.89. The firm has a 50-day moving average of $102.82 and a two-hundred day moving average of $113.21.

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.