iShares U.S. Home Construction ETF Sees Unusually Large Options Volume (BATS:ITB)

iShares U.S. Home Construction ETF (BATS:ITB) was the recipient of unusually large options trading activity on Friday. Stock traders acquired 17,972 put options on the company. This is an increase of 74% compared to the average volume of 10,338 put options.

iShares U.S. Home Construction ETF Price Performance

BATS:ITB opened at $94.86 on Friday. The firm’s 50-day moving average price is $102.27 and its 200-day moving average price is $112.62. The company has a market capitalization of $2.37 billion, a PE ratio of 11.19 and a beta of 1.61. iShares U.S. Home Construction ETF has a 1-year low of $93.39 and a 1-year high of $129.89.

Institutional Trading of iShares U.S. Home Construction ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. One Capital Management LLC grew its position in iShares U.S. Home Construction ETF by 2.3% during the 4th quarter. One Capital Management LLC now owns 4,420 shares of the exchange traded fund’s stock valued at $457,000 after purchasing an additional 99 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares U.S. Home Construction ETF by 1.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 7,867 shares of the exchange traded fund’s stock valued at $813,000 after acquiring an additional 110 shares during the last quarter. Giverny Capital Inc. boosted its holdings in shares of iShares U.S. Home Construction ETF by 1.3% during the 4th quarter. Giverny Capital Inc. now owns 10,432 shares of the exchange traded fund’s stock valued at $1,079,000 after acquiring an additional 133 shares during the last quarter. Sterling Investment Advisors Ltd. boosted its holdings in shares of iShares U.S. Home Construction ETF by 2.6% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 6,068 shares of the exchange traded fund’s stock valued at $627,000 after acquiring an additional 151 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of iShares U.S. Home Construction ETF by 1.4% during the 3rd quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock valued at $1,626,000 after acquiring an additional 182 shares during the last quarter.

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.