iShares U.S. Home Construction ETF (BATS:ITB) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. lifted its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 11.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,818 shares of the exchange traded fund’s stock after purchasing an additional 394 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Home Construction ETF were worth $386,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its position in iShares U.S. Home Construction ETF by 56.8% during the first quarter. BNP Paribas Financial Markets now owns 1,714,182 shares of the exchange traded fund’s stock worth $198,451,000 after purchasing an additional 621,078 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in iShares U.S. Home Construction ETF during the 4th quarter valued at about $61,246,000. Hollencrest Capital Management raised its position in iShares U.S. Home Construction ETF by 61,853.2% during the first quarter. Hollencrest Capital Management now owns 154,883 shares of the exchange traded fund’s stock worth $17,931,000 after acquiring an additional 154,633 shares during the last quarter. Blackstone Inc. acquired a new position in iShares U.S. Home Construction ETF during the fourth quarter worth about $10,173,000. Finally, Global Assets Advisory LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the first quarter valued at about $10,560,000.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB opened at $119.53 on Friday. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The firm has a 50 day simple moving average of $110.98 and a 200-day simple moving average of $108.34.

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.