MinichMacGregor Wealth Management LLC Raises Stake in iShares U.S. Home Construction ETF (BATS:ITB)

MinichMacGregor Wealth Management LLC grew its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 174,088 shares of the exchange traded fund’s stock after purchasing an additional 132 shares during the quarter. iShares U.S. Home Construction ETF makes up 3.7% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its 4th biggest position. MinichMacGregor Wealth Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $17,999,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in iShares U.S. Home Construction ETF during the third quarter valued at about $63,042,000. Empirical Asset Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at about $24,537,000. BNP Paribas Financial Markets boosted its holdings in shares of iShares U.S. Home Construction ETF by 25.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock valued at $109,481,000 after buying an additional 173,654 shares in the last quarter. Marks Wealth LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth approximately $11,211,000. Finally, Kingsview Wealth Management LLC raised its stake in shares of iShares U.S. Home Construction ETF by 1,096.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 64,406 shares of the exchange traded fund’s stock worth $8,186,000 after acquiring an additional 59,023 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Up 4.2 %

BATS:ITB opened at $109.74 on Thursday. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The firm has a 50 day moving average of $111.73 and a 200 day moving average of $116.43.

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.