Night Squared LP Grows Holdings in iShares U.S. Home Construction ETF $ITB

Night Squared LP boosted its position in iShares U.S. Home Construction ETF (BATS:ITB) by 36.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 59,130 shares of the exchange traded fund’s stock after purchasing an additional 15,796 shares during the period. iShares U.S. Home Construction ETF comprises 2.3% of Night Squared LP’s investment portfolio, making the stock its 17th biggest position. Night Squared LP owned approximately 0.26% of iShares U.S. Home Construction ETF worth $6,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 168.8% in the 1st quarter. Empowered Funds LLC now owns 12,719 shares of the exchange traded fund’s stock worth $1,211,000 after buying an additional 7,987 shares during the last quarter. Bank of Montreal Can increased its position in shares of iShares U.S. Home Construction ETF by 26.5% during the second quarter. Bank of Montreal Can now owns 5,592 shares of the exchange traded fund’s stock valued at $521,000 after acquiring an additional 1,172 shares during the last quarter. Prospera Financial Services Inc increased its position in shares of iShares U.S. Home Construction ETF by 2.7% during the second quarter. Prospera Financial Services Inc now owns 4,665 shares of the exchange traded fund’s stock valued at $435,000 after acquiring an additional 123 shares during the last quarter. Family Firm Inc. lifted its holdings in iShares U.S. Home Construction ETF by 13.6% during the second quarter. Family Firm Inc. now owns 10,167 shares of the exchange traded fund’s stock worth $947,000 after acquiring an additional 1,216 shares during the period. Finally, Meridian Wealth Management LLC lifted its holdings in iShares U.S. Home Construction ETF by 4.6% during the second quarter. Meridian Wealth Management LLC now owns 17,568 shares of the exchange traded fund’s stock worth $1,637,000 after acquiring an additional 767 shares during the period.

iShares U.S. Home Construction ETF Trading Up 0.5%

ITB stock opened at $93.08 on Friday. The stock has a market cap of $2.14 billion, a P/E ratio of 10.18 and a beta of 1.31. The stock’s fifty day simple moving average is $105.48 and its two-hundred day simple moving average is $104.25. iShares U.S. Home Construction ETF has a 1-year low of $82.71 and a 1-year 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.