Interchange Capital Partners LLC Increases Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Interchange Capital Partners LLC raised its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 26.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,075 shares of the exchange traded fund’s stock after buying an additional 431 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares U.S. Home Construction ETF were worth $215,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ITB. Larson Financial Group LLC increased its holdings in shares of iShares U.S. Home Construction ETF by 3,425.0% during the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 274 shares in the last quarter. DRW Securities LLC purchased a new stake in iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $346,000. Quantbot Technologies LP acquired a new position in iShares U.S. Home Construction ETF during the 3rd quarter valued at approximately $2,041,000. FMR LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 1.4% in the third quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock worth $1,626,000 after buying an additional 182 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in shares of iShares U.S. Home Construction ETF by 25.3% during the third quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock worth $109,481,000 after buying an additional 173,654 shares during the period.

iShares U.S. Home Construction ETF Price Performance

BATS ITB opened at $97.68 on Tuesday. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 11.19 and a beta of 1.61. The stock’s fifty day moving average price is $102.21 and its 200 day moving average price is $112.41. iShares U.S. Home Construction ETF has a 1 year low of $93.39 and a 1 year high of $129.89.

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.