92,647 Shares in iShares U.S. Home Construction ETF $ITB Bought by Rockport Wealth LLC

Rockport Wealth LLC acquired a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 92,647 shares of the exchange traded fund’s stock, valued at approximately $8,922,000. iShares U.S. Home Construction ETF accounts for approximately 1.7% of Rockport Wealth LLC’s portfolio, making the stock its 17th largest position. Rockport Wealth LLC owned approximately 0.40% of iShares U.S. Home Construction ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vista Investment Management grew its holdings in iShares U.S. Home Construction ETF by 5.4% during the third quarter. Vista Investment Management now owns 2,322 shares of the exchange traded fund’s stock worth $249,000 after acquiring an additional 119 shares during the period. DAVENPORT & Co LLC grew its holdings in iShares U.S. Home Construction ETF by 3.0% during the fourth quarter. DAVENPORT & Co LLC now owns 4,107 shares of the exchange traded fund’s stock worth $396,000 after acquiring an additional 120 shares during the period. Rothschild Investment LLC grew its holdings in iShares U.S. Home Construction ETF by 0.4% during the third quarter. Rothschild Investment LLC now owns 34,665 shares of the exchange traded fund’s stock worth $3,718,000 after acquiring an additional 130 shares during the period. NBC Securities Inc. grew its holdings in iShares U.S. Home Construction ETF by 8.7% during the fourth quarter. NBC Securities Inc. now owns 1,967 shares of the exchange traded fund’s stock worth $189,000 after acquiring an additional 158 shares during the period. Finally, Jaffetilchin Investment Partners LLC grew its holdings in iShares U.S. Home Construction ETF by 6.0% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 2,819 shares of the exchange traded fund’s stock worth $271,000 after acquiring an additional 160 shares during the period.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB stock opened at $87.51 on Tuesday. The business’s fifty day moving average price is $93.46 and its 200 day moving average price is $99.62. iShares U.S. Home Construction ETF has a 1-year low of $86.45 and a 1-year high of $118.00. The firm has a market capitalization of $2.01 billion, a PE ratio of 10.18 and a beta of 1.31.

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.