Darwin Wealth Management LLC Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Darwin Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 314 shares of the exchange traded fund’s stock, valued at approximately $40,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ITB. WESPAC Advisors SoCal LLC raised its holdings in iShares U.S. Home Construction ETF by 39.1% during the third quarter. WESPAC Advisors SoCal LLC now owns 65,099 shares of the exchange traded fund’s stock worth $8,274,000 after purchasing an additional 18,301 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of iShares U.S. Home Construction ETF by 52.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 9,240 shares of the exchange traded fund’s stock worth $1,174,000 after purchasing an additional 3,184 shares during the last quarter. Harbour Investments Inc. increased its stake in iShares U.S. Home Construction ETF by 39.3% during the third quarter. Harbour Investments Inc. now owns 5,320 shares of the exchange traded fund’s stock valued at $676,000 after acquiring an additional 1,502 shares during the period. Jupiter Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the third quarter valued at approximately $254,000. Finally, Cottonwood Capital Advisors LLC grew its stake in iShares U.S. Home Construction ETF by 9.2% during the third quarter. Cottonwood Capital Advisors LLC now owns 49,510 shares of the exchange traded fund’s stock worth $6,293,000 after buying an additional 4,191 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

BATS ITB opened at $118.69 on Friday. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The stock has a market capitalization of $3.01 billion, a P/E ratio of 11.56 and a beta of 1.41. The stock has a fifty day moving average of $122.73 and a 200-day moving average of $114.25.

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.