Kestra Private Wealth Services LLC Buys 2,827 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Kestra Private Wealth Services LLC lifted its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 58.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,685 shares of the exchange traded fund’s stock after acquiring an additional 2,827 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $782,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ITB. Anchor Investment Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $43,000. Simplex Trading LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth $91,000. Avior Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $135,000. NBC Securities Inc. bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth $138,000. Finally, Planned Solutions Inc. bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $146,000.

iShares U.S. Home Construction ETF Trading Up 1.7 %

ITB opened at $107.37 on Friday. The stock has a fifty day moving average price of $108.58 and a 200-day moving average price of $98.68. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

iShares U.S. Home Construction ETF 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.