Avior Wealth Management LLC Invests $135,000 in iShares U.S. Home Construction ETF (BATS:ITB)

Avior Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, Holdings Channel.com reports. The firm bought 1,331 shares of the exchange traded fund’s stock, valued at approximately $135,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ITB. Bank of America Corp DE lifted its holdings in shares of iShares U.S. Home Construction ETF by 74.5% in the first quarter. Bank of America Corp DE now owns 5,580,771 shares of the exchange traded fund’s stock worth $392,272,000 after acquiring an additional 2,382,632 shares during the last quarter. Morgan Stanley lifted its holdings in shares of iShares U.S. Home Construction ETF by 143.0% in the third quarter. Morgan Stanley now owns 3,673,796 shares of the exchange traded fund’s stock worth $288,356,000 after acquiring an additional 2,162,171 shares during the last quarter. Modera Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth about $62,778,000. Jane Street Group LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 458.9% in the second quarter. Jane Street Group LLC now owns 577,164 shares of the exchange traded fund’s stock worth $30,301,000 after acquiring an additional 737,977 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 57,285.6% in the third quarter. Barclays PLC now owns 700,104 shares of the exchange traded fund’s stock worth $54,951,000 after acquiring an additional 698,884 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 0.6 %

ITB stock opened at $102.36 on Friday. The firm has a 50-day moving average price of $108.28 and a 200-day moving average price of $96.69. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The stock has a market capitalization of $2.86 billion, a P/E ratio of 11.72 and a beta of 1.38.

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.