Bank of Nova Scotia Has $8.60 Million Position in iShares U.S. Home Construction ETF $ITB

Bank of Nova Scotia lifted its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 42.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,012 shares of the exchange traded fund’s stock after purchasing an additional 28,529 shares during the quarter. Bank of Nova Scotia owned 0.41% of iShares U.S. Home Construction ETF worth $8,603,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $28,890,000. Flagship Private Wealth LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the first quarter worth $457,000. Main Management LLC lifted its position in iShares U.S. Home Construction ETF by 7.8% in the 4th quarter. Main Management LLC now owns 171,371 shares of the exchange traded fund’s stock valued at $16,503,000 after acquiring an additional 12,348 shares in the last quarter. IMC Chicago LLC bought a new stake in iShares U.S. Home Construction ETF in the 1st quarter valued at $2,139,000. Finally, Diversify Advisory Services LLC acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter worth $1,823,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS ITB opened at $97.09 on Monday. The company has a fifty day moving average price of $96.44 and a 200 day moving average price of $98.65. The firm has a market cap of $2.23 billion, a PE ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 1-year low of $84.98 and a 1-year high of $118.00.

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