Diversify Advisory Services LLC Buys New Shares in iShares U.S. Home Construction ETF $ITB

Diversify Advisory Services LLC acquired a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,929 shares of the exchange traded fund’s stock, valued at approximately $1,823,000. Diversify Advisory Services LLC owned 0.08% of iShares U.S. Home Construction ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Glass Jacobson Investment Advisors llc lifted its position in shares of iShares U.S. Home Construction ETF by 3.3% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 5,352 shares of the exchange traded fund’s stock valued at $515,000 after buying an additional 172 shares during the last quarter. Trilogy Capital Inc. lifted its position in shares of iShares U.S. Home Construction ETF by 19.3% in the fourth quarter. Trilogy Capital Inc. now owns 61,537 shares of the exchange traded fund’s stock valued at $5,926,000 after buying an additional 9,971 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $52,000. Sovran Advisors LLC boosted its position in iShares U.S. Home Construction ETF by 9.5% during the fourth quarter. Sovran Advisors LLC now owns 3,758 shares of the exchange traded fund’s stock worth $362,000 after purchasing an additional 325 shares during the period. Finally, Mirabaud & Cie SA boosted its position in iShares U.S. Home Construction ETF by 30.7% during the fourth quarter. Mirabaud & Cie SA now owns 9,800 shares of the exchange traded fund’s stock worth $944,000 after purchasing an additional 2,300 shares during the period.

iShares U.S. Home Construction ETF Price Performance

ITB stock opened at $94.27 on Friday. The company has a fifty day moving average price of $100.11 and a two-hundred day moving average price of $101.34. iShares U.S. Home Construction ETF has a one year low of $85.61 and a one year high of $118.00. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31.

iShares U.S. Home Construction ETF Company 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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.