Alphadyne Asset Management LP Raises Holdings in iShares U.S. Home Construction ETF $ITB

Alphadyne Asset Management LP grew its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 338.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 51,700 shares of the exchange traded fund’s stock after buying an additional 39,900 shares during the period. iShares U.S. Home Construction ETF accounts for 0.5% of Alphadyne Asset Management LP’s portfolio, making the stock its 5th biggest position. Alphadyne Asset Management LP owned approximately 0.22% of iShares U.S. Home Construction ETF worth $5,545,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ITB. BNP Paribas Financial Markets lifted its position in shares of iShares U.S. Home Construction ETF by 509.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,766,097 shares of the exchange traded fund’s stock worth $189,414,000 after purchasing an additional 1,476,291 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares U.S. Home Construction ETF by 388.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,848,103 shares of the exchange traded fund’s stock worth $198,209,000 after purchasing an additional 1,469,896 shares in the last quarter. Qube Research & Technologies Ltd grew its position in iShares U.S. Home Construction ETF by 1,143.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 588,556 shares of the exchange traded fund’s stock valued at $54,836,000 after purchasing an additional 541,206 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at about $56,843,000. Finally, Main Management ETF Advisors LLC purchased a new position in iShares U.S. Home Construction ETF in the second quarter worth about $36,316,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS ITB opened at $93.08 on Friday. The firm’s 50 day moving average price is $105.48 and its 200-day moving average price is $104.21. The company has a market cap of $2.14 billion, a PE ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 52-week low of $82.71 and a 52-week high of $118.00.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.