Synergy Asset Management LLC Takes $112,000 Position in iShares U.S. Home Construction ETF (BATS:ITB)

Synergy Asset Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,086 shares of the exchange traded fund’s stock, valued at approximately $112,000.

A number of other large investors have also added to or reduced their stakes in ITB. Larson Financial Group LLC grew its holdings 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 worth $36,000 after purchasing an additional 274 shares in the last quarter. Blue Trust Inc. bought a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $37,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $40,000. FSA Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF in the 3rd quarter valued at about $46,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $118,000.

iShares U.S. Home Construction ETF Trading Up 4.4 %

Shares of iShares U.S. Home Construction ETF stock opened at $109.99 on Friday. The company has a 50 day moving average of $110.71 and a 200-day moving average of $116.62. The company has a market cap of $2.79 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56.

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.