iShares U.S. Home Construction ETF (BATS:ITB) Hits New 52-Week High – Here’s What Happened

by · The Cerbat Gem

iShares U.S. Home Construction ETF (BATS:ITB – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $124.53 and last traded at $126.26, with a volume of 1133575 shares trading hands. The stock had previously closed at $123.72.

iShares U.S. Home Construction ETF Stock Up 2.1 %

The stock’s 50 day moving average price is $120.33 and its 200-day moving average price is $111.68. The stock has a market capitalization of $3.21 billion, a PE ratio of 11.56 and a beta of 1.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Valeo Financial Advisors LLC lifted its position in shares of iShares U.S. Home Construction ETF by 5.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,302 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 115 shares in the last quarter. Blair William & Co. IL lifted its position in shares of iShares U.S. Home Construction ETF by 4.5% during the 1st quarter. Blair William & Co. IL now owns 3,065 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 131 shares in the last quarter. Ciovacco Capital Management LLC lifted its position in shares of iShares U.S. Home Construction ETF by 0.7% during the 1st quarter. Ciovacco Capital Management LLC now owns 21,904 shares of the exchange traded fund’s stock valued at $2,536,000 after buying an additional 149 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares U.S. Home Construction ETF by 4.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 164 shares in the last quarter. Finally, Great Diamond Partners LLC raised its stake in iShares U.S. Home Construction ETF by 1.0% in the 1st quarter. Great Diamond Partners LLC now owns 17,416 shares of the exchange traded fund’s stock valued at $2,016,000 after purchasing an additional 178 shares during the last quarter.

iShares U.S. Home Construction ETF Company Profile

(Get Free Report)

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.

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