iShares U.S. Home Construction ETF $ITB Stock Position Increased by Arkadios Wealth Advisors

Arkadios Wealth Advisors boosted its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 74.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,744 shares of the exchange traded fund’s stock after purchasing an additional 1,598 shares during the period. Arkadios Wealth Advisors’ holdings in iShares U.S. Home Construction ETF were worth $349,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ITB. OneDigital Investment Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the first quarter valued at approximately $212,000. Envestnet Asset Management Inc. grew its position in iShares U.S. Home Construction ETF by 5.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 29,502 shares of the exchange traded fund’s stock worth $2,809,000 after purchasing an additional 1,639 shares in the last quarter. Axxcess Wealth Management LLC grew its position in iShares U.S. Home Construction ETF by 2.7% during the 1st quarter. Axxcess Wealth Management LLC now owns 365,657 shares of the exchange traded fund’s stock worth $34,814,000 after purchasing an additional 9,444 shares in the last quarter. Cerity Partners LLC acquired a new stake in iShares U.S. Home Construction ETF during the 1st quarter valued at $235,000. Finally, Family Firm Inc. raised its stake in iShares U.S. Home Construction ETF by 15.2% during the 1st quarter. Family Firm Inc. now owns 8,951 shares of the exchange traded fund’s stock valued at $852,000 after purchasing an additional 1,179 shares during the period.

iShares U.S. Home Construction ETF Trading Down 6.7%

Shares of BATS ITB opened at $98.28 on Thursday. iShares U.S. Home Construction ETF has a one year low of $82.71 and a one year high of $129.89. The business has a 50-day moving average price of $106.81 and a two-hundred day moving average price of $99.99. The firm has a market capitalization of $2.26 billion, a PE ratio of 10.18 and a beta of 1.31.

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.