Oppenheimer & Co. Inc. Purchases 18,671 Shares of iShares U.S. Home Construction ETF $ITB

Oppenheimer & Co. Inc. boosted its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 262.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,788 shares of the exchange traded fund’s stock after purchasing an additional 18,671 shares during the period. Oppenheimer & Co. Inc. owned about 0.11% of iShares U.S. Home Construction ETF worth $2,766,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC lifted its stake in iShares U.S. Home Construction ETF by 675.0% in the third quarter. Capital Investment Advisory Services LLC now owns 310 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 270 shares during the last quarter. MONECO Advisors LLC bought a new position in shares of iShares U.S. Home Construction ETF during the third quarter valued at approximately $243,000. ELCO Management Co. LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the third quarter worth approximately $327,000. Atlantic Union Bankshares Corp raised its holdings in shares of iShares U.S. Home Construction ETF by 420.2% in the third quarter. Atlantic Union Bankshares Corp now owns 619 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 500 shares during the period. Finally, Guerra Advisors Inc bought a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $83,000.

iShares U.S. Home Construction ETF Stock Down 0.4%

Shares of iShares U.S. Home Construction ETF stock opened at $112.40 on Friday. The stock’s fifty day moving average is $103.17 and its two-hundred day moving average is $104.34. The company has a market capitalization of $2.59 billion, a PE ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 52 week low of $82.71 and a 52 week high of $118.00.

iShares U.S. Home Construction ETF 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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.