Jmac Enterprises LLC Grows Position in iShares U.S. Home Construction ETF (BATS:ITB)

Jmac Enterprises LLC raised its position in iShares U.S. Home Construction ETF (BATS:ITB) by 6.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 46,140 shares of the exchange traded fund’s stock after purchasing an additional 2,665 shares during the period. Jmac Enterprises LLC’s holdings in iShares U.S. Home Construction ETF were worth $4,770,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter worth about $28,000. Larson Financial Group LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 3,425.0% in the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 274 shares during the period. Blue Trust Inc. bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $37,000. Darwin Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the third quarter valued at $40,000. Finally, FSA Wealth Management LLC bought a new stake in shares of iShares U.S. Home Construction ETF in the third quarter valued at about $46,000.

iShares U.S. Home Construction ETF Price Performance

BATS:ITB opened at $103.57 on Wednesday. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The company has a 50-day moving average of $107.72 and a 200 day moving average of $116.11. The firm has a market cap of $2.63 billion, a PE ratio of 11.56 and a beta of 1.41.

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.