Dynamic Advisor Solutions LLC Acquires Shares of 8,089 iShares U.S. Home Construction ETF (BATS:ITB)

by · The Markets Daily

Dynamic Advisor Solutions LLC purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) during the third quarter, HoldingsChannel.com reports. The firm purchased 8,089 shares of the exchange traded fund’s stock, valued at approximately $1,028,000.

A number of other large investors have also bought and sold shares of ITB. Blair William & Co. IL raised its stake in shares of iShares U.S. Home Construction ETF by 4.5% during the first quarter. Blair William & Co. IL now owns 3,065 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 131 shares during the last quarter. Ciovacco Capital Management LLC increased its stake in iShares U.S. Home Construction ETF by 0.7% in the first quarter. Ciovacco Capital Management LLC now owns 21,904 shares of the exchange traded fund’s stock valued at $2,536,000 after purchasing an additional 149 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Home Construction ETF by 4.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 164 shares in the last quarter. Great Diamond Partners LLC lifted its holdings in iShares U.S. Home Construction ETF by 1.0% during the first quarter. Great Diamond Partners LLC now owns 17,416 shares of the exchange traded fund’s stock worth $2,016,000 after acquiring an additional 178 shares in the last quarter. Finally, Adirondack Trust Co. lifted its holdings in shares of iShares U.S. Home Construction ETF by 37.2% during the 4th quarter. Adirondack Trust Co. now owns 704 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 191 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $123.01 on Friday. The firm has a market cap of $3.12 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The firm’s 50 day moving average price is $120.17 and its two-hundred day moving average price is $111.63.

iShares U.S. Home Construction ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Free Report).