iShares U.S. Home Construction ETF (BATS:ITB) Hits New 52-Week High at $107.34

iShares U.S. Home Construction ETF (BATS:ITB)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $107.34 and last traded at $105.52, with a volume of 1970220 shares changing hands. The stock had previously closed at $107.26.

iShares U.S. Home Construction ETF Stock Performance

The company’s 50 day moving average price is $108.28 and its 200 day moving average price is $96.28. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 11.72 and a beta of 1.38.

Institutional Investors Weigh In On iShares U.S. Home Construction ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. ICA Group Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $25,000. Vima LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $27,000. Tortoise Investment Management LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $34,000. Anchor Investment Management LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $43,000. Finally, VitalStone Financial LLC acquired a new position in iShares U.S. Home Construction ETF during the 4th quarter worth about $45,000.

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.