SeaCrest Wealth Management LLC Purchases Shares of 1,580 iShares U.S. Home Construction ETF (BATS:ITB)

SeaCrest Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF (BATS:ITB) in the third quarter, HoldingsChannel reports. The institutional investor acquired 1,580 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in iShares U.S. Home Construction ETF in the second quarter worth about $138,000. International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 2nd quarter worth approximately $138,000. Strategic Financial Concepts LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter worth approximately $157,000. Interchange Capital Partners LLC acquired a new stake in iShares U.S. Home Construction ETF in the 1st quarter valued at $206,000. Finally, Jaffetilchin Investment Partners LLC bought a new stake in iShares U.S. Home Construction ETF in the first quarter valued at $209,000.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $129.34 on Friday. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The stock has a fifty day moving average price of $121.60 and a two-hundred day moving average price of $112.06. The firm has a market capitalization of $3.29 billion, a P/E 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.