iShares U.S. Home Construction ETF (BATS:ITB) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC boosted its position in iShares U.S. Home Construction ETF (BATS:ITB – Get Rating) by 5.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,909 shares of the exchange traded fund’s stock after purchasing an additional 643 shares during the quarter. MML Investors Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $620,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in ITB. US Bancorp DE raised its stake in iShares U.S. Home Construction ETF by 8.1% in the 1st quarter. US Bancorp DE now owns 2,340 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 176 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of iShares U.S. Home Construction ETF by 80.0% during the 1st quarter. Brown Brothers Harriman & Co. now owns 1,800 shares of the exchange traded fund’s stock valued at $107,000 after acquiring an additional 800 shares during the last quarter. Ergoteles LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the 1st quarter valued at about $3,373,000. Stamos Capital Partners L.P. increased its stake in shares of iShares U.S. Home Construction ETF by 73.1% during the 1st quarter. Stamos Capital Partners L.P. now owns 42,060 shares of the exchange traded fund’s stock valued at $2,492,000 after acquiring an additional 17,760 shares during the last quarter. Finally, Mariner LLC increased its stake in shares of iShares U.S. Home Construction ETF by 4.0% during the 1st quarter. Mariner LLC now owns 20,710 shares of the exchange traded fund’s stock valued at $1,227,000 after acquiring an additional 805 shares during the last quarter.

iShares U.S. Home Construction ETF Price Performance

BATS ITB opened at $67.70 on Tuesday. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The company has a 50-day moving average of $66.74 and a 200-day moving average of $60.39. The company has a market cap of $1.52 billion, a P/E ratio of 7.49 and a beta of 1.35.

iShares U.S. Home Construction ETF Profile

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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.