Stonebridge Financial Planning Group LLC Raises Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Stonebridge Financial Planning Group LLC lifted its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,350 shares of the exchange traded fund’s stock after buying an additional 96 shares during the period. Stonebridge Financial Planning Group LLC owned approximately 0.06% of iShares U.S. Home Construction ETF worth $1,824,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Axxcess Wealth Management LLC lifted its holdings in iShares U.S. Home Construction ETF by 2.5% in the second quarter. Axxcess Wealth Management LLC now owns 417,932 shares of the exchange traded fund’s stock valued at $42,236,000 after acquiring an additional 10,173 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of iShares U.S. Home Construction ETF by 5.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 257,634 shares of the exchange traded fund’s stock worth $29,827,000 after purchasing an additional 12,835 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the second quarter worth about $157,000. Mirae Asset Securities USA Inc. purchased a new position in shares of iShares U.S. Home Construction ETF during the second quarter valued at approximately $15,159,000. Finally, Commonwealth Equity Services LLC boosted its position in iShares U.S. Home Construction ETF by 6.9% during the second quarter. Commonwealth Equity Services LLC now owns 139,792 shares of the exchange traded fund’s stock worth $14,127,000 after acquiring an additional 8,966 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 0.2 %

Shares of iShares U.S. Home Construction ETF stock traded down $0.20 during trading hours on Wednesday, reaching $117.28. 914,311 shares of the company’s stock were exchanged. The company has a fifty day moving average of $122.74 and a 200-day moving average of $114.23. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

iShares U.S. Home Construction ETF 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.