Wealthcare Advisory Partners LLC Grows Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Wealthcare Advisory Partners LLC increased its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 15.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,383 shares of the exchange traded fund’s stock after buying an additional 456 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Home Construction ETF were worth $322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ITB. Amundi purchased a new position in iShares U.S. Home Construction ETF during the 4th quarter valued at $134,000. Empowered Funds LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $489,000. US Bancorp DE grew its holdings in shares of iShares U.S. Home Construction ETF by 49.0% in the fourth quarter. US Bancorp DE now owns 6,431 shares of the exchange traded fund’s stock worth $665,000 after purchasing an additional 2,114 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in iShares U.S. Home Construction ETF by 7.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,023 shares of the exchange traded fund’s stock worth $313,000 after buying an additional 220 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in iShares U.S. Home Construction ETF by 5.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 3,988 shares of the exchange traded fund’s stock worth $412,000 after buying an additional 209 shares during the period.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $90.25 on Friday. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 10.82 and a beta of 1.31. The firm has a 50-day moving average of $91.21 and a two-hundred day moving average of $99.85. iShares U.S. Home Construction ETF has a 1 year low of $82.71 and a 1 year high of $129.89.

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.