iShares U.S. Home Construction ETF $ITB is Main Management ETF Advisors LLC’s 8th Largest Position

Main Management ETF Advisors LLC increased its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 643,542 shares of the exchange traded fund’s stock after acquiring an additional 16,140 shares during the quarter. iShares U.S. Home Construction ETF comprises approximately 2.2% of Main Management ETF Advisors LLC’s portfolio, making the stock its 8th biggest position. Main Management ETF Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $61,973,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ITB. High Point Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth $25,000. Aventura Private Wealth LLC purchased a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth $29,000. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the second quarter worth $29,000. Capital Investment Advisory Services LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 675.0% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 310 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 270 shares in the last quarter. Finally, JPL Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the third quarter valued at about $36,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB opened at $93.06 on Monday. iShares U.S. Home Construction ETF has a 1 year low of $84.98 and a 1 year high of $118.00. The stock has a market capitalization of $2.14 billion, a P/E ratio of 10.18 and a beta of 1.31. The company’s 50-day moving average is $92.80 and its 200 day moving average is $99.12.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.