82,822 Shares in iShares U.S. Home Construction ETF $ITB Acquired by Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 82,822 shares of the exchange traded fund’s stock, valued at approximately $8,653,000. iShares U.S. Home Construction ETF comprises 1.1% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s portfolio, making the stock its 29th largest holding.

A number of other institutional investors have also recently modified their holdings of ITB. TD Waterhouse Canada Inc. grew its holdings in shares of iShares U.S. Home Construction ETF by 353.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 245 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 191 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the second quarter valued at about $29,000. JPL Wealth Management LLC bought a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $36,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares U.S. Home Construction ETF during the fourth quarter worth about $37,000. Finally, Triumph Capital Management bought a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $46,000.

iShares U.S. Home Construction ETF Stock Down 3.0%

ITB stock opened at $91.05 on Wednesday. iShares U.S. Home Construction ETF has a 12 month low of $84.98 and a 12 month high of $116.40. The firm has a market cap of $2.09 billion, a P/E ratio of 10.18 and a beta of 1.31. The company’s 50-day moving average price is $97.37 and its two-hundred day moving average price is $96.37.

iShares U.S. Home Construction ETF Company 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.