William John Sempolinski Makes New $2.77 Million Investment in iShares U.S. Home Construction ETF $ITB

William John Sempolinski purchased a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,497 shares of the exchange traded fund’s stock, valued at approximately $2,768,000. iShares U.S. Home Construction ETF accounts for 1.1% of William John Sempolinski’s holdings, making the stock its 21st largest position. William John Sempolinski owned about 0.12% of iShares U.S. Home Construction ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE lifted its stake in shares of iShares U.S. Home Construction ETF by 20.5% in the 1st quarter. Bank of America Corp DE now owns 6,962,234 shares of the exchange traded fund’s stock valued at $630,430,000 after acquiring an additional 1,182,332 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in iShares U.S. Home Construction ETF by 102.9% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,704,500 shares of the exchange traded fund’s stock worth $164,143,000 after acquiring an additional 864,500 shares during the last quarter. MKP Capital Management L.L.C. purchased a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $37,538,000. Raymond James Financial Inc. lifted its position in iShares U.S. Home Construction ETF by 329.7% in the third quarter. Raymond James Financial Inc. now owns 440,063 shares of the exchange traded fund’s stock valued at $47,197,000 after purchasing an additional 337,660 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $28,890,000.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $93.91 on Friday. iShares U.S. Home Construction ETF has a fifty-two week low of $84.98 and a fifty-two week high of $118.00. The firm has a market cap of $2.16 billion, a PE ratio of 10.18 and a beta of 1.31. The business has a 50 day moving average price of $97.84 and a 200-day moving average price of $96.76.

iShares U.S. Home Construction ETF 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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.