B. Riley Wealth Advisors Inc. Buys 311 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

B. Riley Wealth Advisors Inc. grew its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 13,471 shares of the exchange traded fund’s stock after acquiring an additional 311 shares during the quarter. B. Riley Wealth Advisors Inc. owned about 0.05% of iShares U.S. Home Construction ETF worth $1,706,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its position in iShares U.S. Home Construction ETF by 25.3% during the third quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock worth $109,481,000 after purchasing an additional 173,654 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $63,042,000. Axxcess Wealth Management LLC boosted its position in shares of iShares U.S. Home Construction ETF by 2.5% during the 2nd quarter. Axxcess Wealth Management LLC now owns 417,932 shares of the exchange traded fund’s stock worth $42,236,000 after acquiring an additional 10,173 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in iShares U.S. Home Construction ETF in the second quarter valued at approximately $157,000. Finally, Mirae Asset Securities USA Inc. acquired a new position in iShares U.S. Home Construction ETF during the second quarter valued at approximately $15,159,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock opened at $111.79 on Tuesday. 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 stock’s fifty day moving average price is $120.75 and its two-hundred day moving average price is $115.97. The company has a market cap of $2.84 billion, a PE 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.