Janney Montgomery Scott LLC Buys 3,599 Shares of iShares U.S. Home Construction ETF $ITB

Janney Montgomery Scott LLC increased its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,965 shares of the exchange traded fund’s stock after purchasing an additional 3,599 shares during the period. Janney Montgomery Scott LLC owned 0.17% of iShares U.S. Home Construction ETF worth $3,724,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of iShares U.S. Home Construction ETF during the 1st quarter valued at $29,000. Farther Finance Advisors LLC boosted its stake in iShares U.S. Home Construction ETF by 94.5% in the 1st quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 154 shares during the period. Golden State Wealth Management LLC boosted its stake in iShares U.S. Home Construction ETF by 101.5% in the 1st quarter. Golden State Wealth Management LLC now owns 540 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 272 shares during the period. CX Institutional acquired a new position in iShares U.S. Home Construction ETF in the 1st quarter worth $64,000. Finally, North Capital Inc. acquired a new position in iShares U.S. Home Construction ETF in the 1st quarter worth $79,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $103.72 on Wednesday. The company’s 50-day moving average price is $108.57 and its two-hundred day moving average price is $98.38. The stock has a market capitalization of $2.39 billion, a PE ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a one year low of $82.71 and a one 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.