Polar Asset Management Partners Inc. purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 29,091 shares of the exchange traded fund’s stock, valued at approximately $3,697,000.
A number of other hedge funds have also made changes to their positions in the business. Larson Financial Group LLC boosted its holdings in shares of iShares U.S. Home Construction ETF by 3,425.0% in the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 274 shares during the period. Blue Trust Inc. bought a new stake in iShares U.S. Home Construction ETF in the third quarter worth approximately $37,000. Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the 3rd quarter valued at $40,000. FSA Wealth Management LLC bought a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at $46,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter worth about $138,000.
iShares U.S. Home Construction ETF Trading Down 2.2 %
ITB opened at $120.47 on Thursday. The stock has a market capitalization of $3.06 billion, a PE ratio of 11.56 and a beta of 1.41. 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 50-day moving average price of $122.25 and a two-hundred day moving average price of $115.25.
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.
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