Park Edge Advisors LLC Buys 9,983 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Park Edge Advisors LLC increased its position in iShares U.S. Home Construction ETF (BATS:ITB) by 214.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,631 shares of the exchange traded fund’s stock after buying an additional 9,983 shares during the period. Park Edge Advisors LLC owned 0.06% of iShares U.S. Home Construction ETF worth $1,860,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ITB. Valeo Financial Advisors LLC lifted its stake in shares of iShares U.S. Home Construction ETF by 5.3% in 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 in the last quarter. Blair William & Co. IL lifted its position in iShares U.S. Home Construction ETF by 4.5% in the 1st quarter. Blair William & Co. IL now owns 3,065 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 131 shares in the last quarter. Ciovacco Capital Management LLC boosted its stake in iShares U.S. Home Construction ETF by 0.7% during the 1st quarter. Ciovacco Capital Management LLC now owns 21,904 shares of the exchange traded fund’s stock valued at $2,536,000 after purchasing an additional 149 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares U.S. Home Construction ETF by 4.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 164 shares in the last quarter. Finally, Great Diamond Partners LLC increased its holdings in iShares U.S. Home Construction ETF by 1.0% during the 1st quarter. Great Diamond Partners LLC now owns 17,416 shares of the exchange traded fund’s stock worth $2,016,000 after purchasing an additional 178 shares in the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB stock traded down $1.83 during trading hours on Friday, reaching $119.80. The company had a trading volume of 1,078,922 shares. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56. The business has a fifty day simple moving average of $122.79 and a 200-day simple moving average of $112.53.

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.