BNP Paribas Financial Markets Buys 173,654 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

BNP Paribas Financial Markets increased its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 25.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 861,373 shares of the exchange traded fund’s stock after purchasing an additional 173,654 shares during the quarter. BNP Paribas Financial Markets owned approximately 3.39% of iShares U.S. Home Construction ETF worth $109,481,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ITB. FMR LLC grew its position in shares of iShares U.S. Home Construction ETF by 1.4% in the 3rd quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock worth $1,626,000 after buying an additional 182 shares during the last quarter. Quantbot Technologies LP acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at approximately $2,041,000. DRW Securities LLC purchased a new position in iShares U.S. Home Construction ETF in the third quarter worth $346,000. Capital Investment Counsel LLC acquired a new position in shares of iShares U.S. Home Construction ETF during the third quarter worth $360,000. Finally, Larson Financial Group LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 3,425.0% during the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 274 shares during the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $123.76 on Wednesday. The business’s 50-day moving average is $122.66 and its 200 day moving average is $114.59. iShares U.S. Home Construction ETF has a 1 year low of $31.19 and a 1 year high of $46.56. The firm has a market capitalization of $3.14 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.