Arlington Capital Management Inc. Buys 2,023 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Arlington Capital Management Inc. lifted its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 4.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,795 shares of the exchange traded fund’s stock after buying an additional 2,023 shares during the period. iShares U.S. Home Construction ETF makes up 3.6% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 5th largest holding. Arlington Capital Management Inc. owned about 0.20% of iShares U.S. Home Construction ETF worth $5,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its stake in iShares U.S. Home Construction ETF by 25.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock worth $109,481,000 after buying an additional 173,654 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $63,042,000. Capital Asset Advisory Services LLC raised its position in iShares U.S. Home Construction ETF by 2.8% in the 4th quarter. Capital Asset Advisory Services LLC now owns 367,387 shares of the exchange traded fund’s stock valued at $37,955,000 after purchasing an additional 9,934 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in iShares U.S. Home Construction ETF by 2.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 356,213 shares of the exchange traded fund’s stock worth $36,829,000 after purchasing an additional 9,488 shares during the period. Finally, Empirical Asset Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the 4th quarter worth $24,537,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS:ITB opened at $97.19 on Wednesday. iShares U.S. Home Construction ETF has a one year low of $93.39 and a one year high of $129.89. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 11.19 and a beta of 1.61. The company has a 50-day simple moving average of $102.11 and a 200-day simple moving average of $112.27.

About iShares U.S. Home Construction ETF

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.