Cottonwood Capital Advisors LLC Has $5.13 Million Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Cottonwood Capital Advisors LLC grew its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 5.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,855 shares of the exchange traded fund’s stock after buying an additional 2,590 shares during the quarter. iShares U.S. Home Construction ETF comprises 3.8% of Cottonwood Capital Advisors LLC’s holdings, making the stock its 5th biggest position. Cottonwood Capital Advisors LLC owned about 0.20% of iShares U.S. Home Construction ETF worth $5,128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. One Capital Management LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 2.3% in the fourth quarter. One Capital Management LLC now owns 4,420 shares of the exchange traded fund’s stock valued at $457,000 after purchasing an additional 99 shares in the last quarter. Giverny Capital Inc. increased its stake in iShares U.S. Home Construction ETF by 1.3% in the 4th quarter. Giverny Capital Inc. now owns 10,432 shares of the exchange traded fund’s stock valued at $1,079,000 after buying an additional 133 shares during the period. H&H Retirement Design & Management INC lifted its position in iShares U.S. Home Construction ETF by 1.4% in the 1st quarter. H&H Retirement Design & Management INC now owns 9,862 shares of the exchange traded fund’s stock worth $863,000 after buying an additional 135 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 94.5% during the 1st quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 154 shares during the period. Finally, BOKF NA boosted its stake in shares of iShares U.S. Home Construction ETF by 97.6% during the 4th quarter. BOKF NA now owns 405 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 200 shares during the period.

iShares U.S. Home Construction ETF Trading Down 12.8%

BATS ITB opened at $91.82 on Thursday. iShares U.S. Home Construction ETF has a 1-year low of $82.71 and a 1-year high of $129.89. The company has a market capitalization of $2.11 billion, a PE ratio of 10.18 and a beta of 1.31. The firm’s fifty day simple moving average is $91.37 and its 200-day simple moving average is $97.92.

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.