Interchange Capital Partners LLC Purchases New Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Interchange Capital Partners LLC purchased a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,644 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Frank Rimerman Advisors LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter worth $210,000. PFG Advisors increased its position in iShares U.S. Home Construction ETF by 8.9% in the second quarter. PFG Advisors now owns 16,926 shares of the exchange traded fund’s stock worth $1,711,000 after buying an additional 1,384 shares during the period. Toronto Dominion Bank acquired a new stake in iShares U.S. Home Construction ETF in the second quarter worth $3,538,000. Brookstone Capital Management increased its position in iShares U.S. Home Construction ETF by 516.4% in the third quarter. Brookstone Capital Management now owns 13,062 shares of the exchange traded fund’s stock worth $1,660,000 after buying an additional 10,943 shares during the period. Finally, Kingsview Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the first quarter worth $653,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $117.19 on Friday. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56. The stock’s fifty day moving average is $122.89 and its 200-day moving average is $112.80.

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.