PFG Advisors Has $1.86 Million Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

PFG Advisors raised its position in iShares U.S. Home Construction ETF (BATS:ITB) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,945 shares of the exchange traded fund’s stock after buying an additional 397 shares during the quarter. PFG Advisors’ holdings in iShares U.S. Home Construction ETF were worth $1,855,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ITB. Sigma Planning Corp grew its holdings in iShares U.S. Home Construction ETF by 49.0% in the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after buying an additional 3,117 shares in the last quarter. Harbour Investments Inc. grew its holdings in iShares U.S. Home Construction ETF by 39.3% in the 3rd quarter. Harbour Investments Inc. now owns 5,320 shares of the exchange traded fund’s stock valued at $676,000 after buying an additional 1,502 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in iShares U.S. Home Construction ETF by 52.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 9,240 shares of the exchange traded fund’s stock valued at $1,174,000 after buying an additional 3,184 shares in the last quarter. WESPAC Advisors SoCal LLC grew its holdings in iShares U.S. Home Construction ETF by 39.1% in the 3rd quarter. WESPAC Advisors SoCal LLC now owns 65,099 shares of the exchange traded fund’s stock valued at $8,274,000 after buying an additional 18,301 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the 3rd quarter valued at $40,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB opened at $96.41 on Thursday. The stock’s fifty day moving average price is $103.43 and its two-hundred day moving average price is $113.92. iShares U.S. Home Construction ETF has a one year low of $95.35 and a one year high of $129.89. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 11.84 and a beta of 1.57.

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.