iShares U.S. Home Construction ETF (BATS:ITB) Shares Acquired by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC lifted its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 367,387 shares of the exchange traded fund’s stock after buying an additional 9,934 shares during the period. iShares U.S. Home Construction ETF accounts for approximately 1.9% of Capital Asset Advisory Services LLC’s holdings, making the stock its 14th largest holding. Capital Asset Advisory Services LLC’s holdings in iShares U.S. Home Construction ETF were worth $37,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in ITB. Larson Financial Group LLC increased its position in shares of iShares U.S. Home Construction ETF by 3,425.0% during the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 274 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth approximately $37,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth approximately $40,000. FSA Wealth Management LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth approximately $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth approximately $118,000.

iShares U.S. Home Construction ETF Stock Up 3.3 %

Shares of BATS:ITB opened at $108.76 on Monday. The business has a fifty day moving average of $111.37 and a two-hundred day moving average of $116.69. The stock has a market cap of $2.76 billion, a P/E 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.

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.