Belvedere Trading LLC Makes New $1 Million Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Belvedere Trading LLC purchased a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITBFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,705 shares of the exchange traded fund’s stock, valued at approximately $1,003,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at $28,000. Larson Financial Group LLC boosted its position in shares of iShares U.S. Home Construction ETF by 3,425.0% during the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 274 shares during the last quarter. Blue Trust Inc. purchased a new position in shares of iShares U.S. Home Construction ETF during the third quarter worth about $37,000. Darwin Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the third quarter worth about $40,000. Finally, FSA Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth approximately $46,000.

iShares U.S. Home Construction ETF Price Performance

Shares of iShares U.S. Home Construction ETF stock opened at $103.34 on Monday. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The firm has a market cap of $2.62 billion, a PE ratio of 11.56 and a beta of 1.41. The company has a 50 day simple moving average of $106.71 and a two-hundred day simple moving average of $115.74.

About iShares U.S. Home Construction ETF

(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.

See Also

Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITBFree Report).

Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

Receive News & Ratings for iShares U.S. Home Construction ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Home Construction ETF and related companies with MarketBeat.com's FREE daily email newsletter.