Clarity Financial LLC Takes Position in iShares U.S. Home Construction ETF (BATS:ITB)

Clarity Financial LLC bought a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 12,949 shares of the exchange traded fund’s stock, valued at approximately $1,646,000. Clarity Financial LLC owned approximately 0.05% of iShares U.S. Home Construction ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Valeo Financial Advisors LLC lifted its position in shares of iShares U.S. Home Construction ETF by 5.3% during the 3rd 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 raised its stake 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 purchasing an additional 131 shares during the last quarter. Ciovacco Capital Management LLC raised its stake in iShares U.S. Home Construction ETF by 0.7% in 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. Great Diamond Partners LLC raised its stake in iShares U.S. Home Construction ETF by 1.0% in the 3rd quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after purchasing an additional 169 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC raised its stake in iShares U.S. Home Construction ETF by 2.5% in the 2nd quarter. Muirfield Wealth Advisors LLC now owns 8,902 shares of the exchange traded fund’s stock valued at $900,000 after purchasing an additional 221 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

BATS ITB opened at $118.89 on Tuesday. The business has a fifty day moving average price of $122.68 and a 200 day moving average price of $113.12. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56. The company has a market cap of $3.02 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.