Quantbot Technologies LP Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Quantbot Technologies LP acquired a new position in iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 16,057 shares of the exchange traded fund’s stock, valued at approximately $2,041,000.

Several other hedge funds and other institutional investors have also modified their holdings of ITB. Blue Trust Inc. purchased a new position in iShares U.S. Home Construction ETF in the third quarter valued at approximately $37,000. Sigma Planning Corp increased its position in shares of iShares U.S. Home Construction ETF by 49.0% in the third quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock worth $1,204,000 after acquiring an additional 3,117 shares in the last quarter. Frank Rimerman Advisors LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $210,000. PFG Advisors lifted its holdings in shares of iShares U.S. Home Construction ETF by 8.9% during the 2nd quarter. PFG Advisors now owns 16,926 shares of the exchange traded fund’s stock valued at $1,711,000 after acquiring an additional 1,384 shares in the last quarter. Finally, Toronto Dominion Bank purchased a new stake in iShares U.S. Home Construction ETF during the 2nd quarter worth $3,538,000.

iShares U.S. Home Construction ETF Price Performance

BATS:ITB opened at $123.78 on Friday. The business’s 50-day moving average is $122.59 and its two-hundred day moving average is $114.76. The firm has a market capitalization of $3.14 billion, a PE 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.

iShares U.S. Home Construction ETF Company 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.