672 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Acquired by CX Institutional

CX Institutional bought a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 672 shares of the exchange traded fund’s stock, valued at approximately $64,000.

Several other large investors have also recently made changes to their positions in ITB. Farther Finance Advisors LLC increased its holdings in iShares U.S. Home Construction ETF by 94.5% during the 1st quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 154 shares during the period. Flagship Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $37,000. Redwood Park Advisors LLC bought a new position in iShares U.S. Home Construction ETF during the 4th quarter valued at about $39,000. BOKF NA boosted its holdings in iShares U.S. Home Construction ETF by 97.6% in the fourth quarter. BOKF NA now owns 405 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 200 shares during the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at $48,000.

iShares U.S. Home Construction ETF Trading Down 14.3%

ITB opened at $90.20 on Tuesday. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 10.82 and a beta of 1.31. iShares U.S. Home Construction ETF has a 12-month low of $82.71 and a 12-month high of $129.89. The company’s 50 day moving average is $91.31 and its 200 day moving average is $99.46.

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.