Strategic Financial Concepts LLC Buys New Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Strategic Financial Concepts LLC acquired a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 160,363 shares of the exchange traded fund’s stock, valued at approximately $160,000.

Other large investors have also recently added to or reduced their stakes in the company. Stonebridge Financial Planning Group LLC lifted its holdings in iShares U.S. Home Construction ETF by 0.7% in the third quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock valued at $1,824,000 after buying an additional 96 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in iShares U.S. Home Construction ETF by 1.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 7,867 shares of the exchange traded fund’s stock valued at $813,000 after buying an additional 110 shares during the period. Great Diamond Partners LLC lifted its holdings in iShares U.S. Home Construction ETF by 1.0% in the third quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after buying an additional 169 shares during the period. FMR LLC lifted its holdings in iShares U.S. Home Construction ETF by 1.4% in the third quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock valued at $1,626,000 after buying an additional 182 shares during the period. Finally, Guardian Asset Advisors LLC lifted its holdings in iShares U.S. Home Construction ETF by 4.2% in the fourth quarter. Guardian Asset Advisors LLC now owns 4,892 shares of the exchange traded fund’s stock valued at $507,000 after buying an additional 196 shares during the period.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB opened at $98.25 on Friday. The company’s 50 day simple moving average is $105.18 and its 200 day simple moving average is $115.23. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The firm has a market capitalization of $2.50 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.