Ascent Group LLC decreased its position in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 11.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,014 shares of the exchange traded fund’s stock after selling 1,061 shares during the period. Ascent Group LLC’s holdings in iShares U.S. Home Construction ETF were worth $928,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in shares of iShares U.S. Home Construction ETF by 56.8% during the 1st quarter. BNP Paribas Financial Markets now owns 1,714,182 shares of the exchange traded fund’s stock valued at $198,451,000 after purchasing an additional 621,078 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $61,246,000. Wells Fargo & Company MN boosted its holdings in iShares U.S. Home Construction ETF by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 282,127 shares of the exchange traded fund’s stock worth $28,701,000 after buying an additional 7,303 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in iShares U.S. Home Construction ETF by 5.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 257,634 shares of the exchange traded fund’s stock worth $29,827,000 after buying an additional 12,835 shares during the last quarter. Finally, Price Capital Management Inc. acquired a new position in iShares U.S. Home Construction ETF in the fourth quarter worth approximately $22,850,000.
iShares U.S. Home Construction ETF Price Performance
Shares of BATS:ITB traded up $0.95 on Tuesday, reaching $120.05. 1,604,239 shares of the company traded hands. The stock has a market capitalization of $3.05 billion, a PE ratio of 11.56 and a beta of 1.41. The company’s 50 day moving average is $105.39 and its 200-day moving average is $105.99. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.
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.
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