Capital Investment Counsel LLC Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Capital Investment Counsel LLC acquired a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,835 shares of the exchange traded fund’s stock, valued at approximately $360,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ITB. Stonebridge Financial Planning Group LLC increased its holdings in iShares U.S. Home Construction ETF by 0.7% in the third quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock valued at $1,824,000 after buying an additional 96 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in iShares U.S. Home Construction ETF by 5.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,302 shares of the exchange traded fund’s stock worth $293,000 after buying an additional 115 shares during the last quarter. Great Diamond Partners LLC boosted its position in shares of iShares U.S. Home Construction ETF by 1.0% during the 3rd quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock worth $2,161,000 after acquiring an additional 169 shares in the last quarter. KKM Financial LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 2.2% in the 3rd quarter. KKM Financial LLC now owns 9,808 shares of the exchange traded fund’s stock valued at $1,247,000 after acquiring an additional 211 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC raised its position in shares of iShares U.S. Home Construction ETF by 2.5% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 8,902 shares of the exchange traded fund’s stock worth $900,000 after acquiring an additional 221 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Up 1.6 %

ITB stock opened at $120.31 on Friday. The business has a 50 day moving average price of $122.63 and a 200 day moving average price of $114.36. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.

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.