AdvisorNet Financial Inc Raises Position in iShares U.S. Home Construction ETF (BATS:ITB)

AdvisorNet Financial Inc lifted its position in iShares U.S. Home Construction ETF (BATS:ITB) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,001 shares of the exchange traded fund’s stock after acquiring an additional 203 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares U.S. Home Construction ETF were worth $414,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at about $63,042,000. BNP Paribas Financial Markets lifted its holdings in shares of iShares U.S. Home Construction ETF by 25.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock valued at $109,481,000 after purchasing an additional 173,654 shares during the last quarter. Marks Wealth LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter worth about $11,211,000. Kingsview Wealth Management LLC boosted its stake in iShares U.S. Home Construction ETF by 1,096.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 64,406 shares of the exchange traded fund’s stock worth $8,186,000 after purchasing an additional 59,023 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the third quarter valued at $6,930,000.

iShares U.S. Home Construction ETF Stock Up 2.5 %

Shares of BATS ITB opened at $107.98 on Thursday. The firm has a market cap of $2.74 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The business’s 50 day moving average price is $112.78 and its 200 day moving average price is $116.04.

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.