Physician Wealth Advisors Inc. Purchases New Shares in iShares U.S. Home Construction ETF (BATS:ITB)

Physician Wealth Advisors Inc. purchased a new position in iShares U.S. Home Construction ETF (BATS:ITBFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 463 shares of the exchange traded fund’s stock, valued at approximately $48,000.

A number of other institutional investors have also added to or reduced their stakes in ITB. Golden State Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $28,000. Flagship Wealth Advisors LLC bought a new position in iShares U.S. Home Construction ETF during the 4th quarter valued at approximately $37,000. FSA Wealth Management LLC purchased a new position in iShares U.S. Home Construction ETF during the third quarter valued at $46,000. Synergy Investment Management LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth $52,000. Finally, Millstone Evans Group LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth $97,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $95.27 on Tuesday. The business has a fifty day moving average price of $101.12 and a 200-day moving average price of $111.63. The company has a market capitalization of $2.38 billion, a PE ratio of 11.19 and a beta of 1.61. iShares U.S. Home Construction ETF has a 1-year low of $92.81 and a 1-year high of $129.89.

iShares U.S. Home Construction ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

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