4,182 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Purchased by Wealthgarden F.S. LLC

Wealthgarden F.S. LLC bought a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,182 shares of the exchange traded fund’s stock, valued at approximately $423,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of ITB. Brookstone Capital Management bought a new stake in iShares U.S. Home Construction ETF during the 1st quarter worth approximately $400,000. Wilson & Boucher Capital Management LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 10.2% in the fourth quarter. Wilson & Boucher Capital Management LLC now owns 6,485 shares of the exchange traded fund’s stock worth $660,000 after purchasing an additional 600 shares during the period. Blackstone Inc. purchased a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter worth $10,173,000. AdvisorNet Financial Inc boosted its stake in iShares U.S. Home Construction ETF by 17.2% during the first quarter. AdvisorNet Financial Inc now owns 4,296 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 631 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its position in iShares U.S. Home Construction ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,308 shares of the exchange traded fund’s stock worth $337,000 after buying an additional 110 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Down 0.5 %

BATS:ITB opened at $117.81 on Thursday. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The stock has a market cap of $2.99 billion, a P/E ratio of 11.56 and a beta of 1.41. The business’s 50-day moving average price is $113.82 and its two-hundred day moving average price is $109.24.

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.