Raymond James Financial Inc. Buys Shares of 225,856 iShares U.S. Home Construction ETF (BATS:ITB)

Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 225,856 shares of the exchange traded fund’s stock, valued at approximately $23,351,000. Raymond James Financial Inc. owned approximately 0.89% of iShares U.S. Home Construction ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Atria Investments Inc raised its stake in iShares U.S. Home Construction ETF by 7.4% during the 4th quarter. Atria Investments Inc now owns 37,166 shares of the exchange traded fund’s stock valued at $3,843,000 after acquiring an additional 2,553 shares in the last quarter. Synergy Investment Management LLC bought a new stake in iShares U.S. Home Construction ETF during the 4th quarter valued at $52,000. Jones Financial Companies Lllp raised its stake in iShares U.S. Home Construction ETF by 262.5% during the 4th quarter. Jones Financial Companies Lllp now owns 14,258 shares of the exchange traded fund’s stock valued at $1,474,000 after acquiring an additional 10,325 shares in the last quarter. Spectrum Wealth Counsel LLC raised its stake in iShares U.S. Home Construction ETF by 0.6% during the 4th quarter. Spectrum Wealth Counsel LLC now owns 46,054 shares of the exchange traded fund’s stock valued at $4,762,000 after acquiring an additional 282 shares in the last quarter. Finally, US Bancorp DE raised its stake in iShares U.S. Home Construction ETF by 49.0% during the 4th quarter. US Bancorp DE now owns 6,431 shares of the exchange traded fund’s stock valued at $665,000 after acquiring an additional 2,114 shares in the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of iShares U.S. Home Construction ETF stock opened at $95.49 on Friday. iShares U.S. Home Construction ETF has a 1-year low of $93.45 and a 1-year high of $129.89. The business’s fifty day moving average price is $102.96 and its two-hundred day moving average price is $113.42. The company has a market capitalization of $2.39 billion, a P/E ratio of 11.19 and a beta of 1.61.

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.