Healthcare of Ontario Pension Plan Trust Fund Buys New Shares in iShares U.S. Home Construction ETF (BATS:ITB)

Healthcare of Ontario Pension Plan Trust Fund bought a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, HoldingsChannel reports. The fund bought 496,000 shares of the exchange traded fund’s stock, valued at approximately $63,042,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Stonebridge Financial Planning Group LLC increased its stake in iShares U.S. Home Construction ETF by 0.7% in the third quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock valued at $1,824,000 after acquiring an additional 96 shares during the last quarter. Valeo Financial Advisors LLC grew its stake in shares of iShares U.S. Home Construction ETF by 5.3% during the third quarter. Valeo Financial Advisors LLC now owns 2,302 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 115 shares during the last quarter. Great Diamond Partners LLC grew its stake in shares of iShares U.S. Home Construction ETF by 1.0% during the third quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after buying an additional 169 shares during the last quarter. FMR LLC grew its stake in shares of iShares U.S. Home Construction ETF by 1.4% during the third quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock valued at $1,626,000 after buying an additional 182 shares during the last quarter. Finally, KKM Financial LLC grew its stake in shares of iShares U.S. Home Construction ETF by 2.2% during the third quarter. KKM Financial LLC now owns 9,808 shares of the exchange traded fund’s stock valued at $1,247,000 after buying an additional 211 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 2.1 %

Shares of BATS:ITB opened at $123.76 on Wednesday. The stock’s 50-day moving average price is $122.66 and its 200-day moving average price is $114.59. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56. The stock has a market capitalization of $3.14 billion, a P/E ratio of 11.56 and a beta of 1.41.

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.