Buttonwood Financial Group LLC acquired a new stake in iShares U.S. Home Construction ETF (BATS:ITB – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,646 shares of the exchange traded fund’s stock, valued at approximately $903,000. iShares U.S. Home Construction ETF makes up about 0.5% of Buttonwood Financial Group LLC’s portfolio, making the stock its 19th largest holding.
Several other hedge funds have also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at $28,890,000. IMC Chicago LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at about $2,139,000. Main Management LLC lifted its stake in iShares U.S. Home Construction ETF by 7.8% in the fourth quarter. Main Management LLC now owns 171,371 shares of the exchange traded fund’s stock valued at $16,503,000 after buying an additional 12,348 shares during the last quarter. SummitTX Capital L.P. acquired a new stake in iShares U.S. Home Construction ETF during the 1st quarter worth $4,833,000. Finally, Flagship Private Wealth LLC acquired a new position in iShares U.S. Home Construction ETF in the first quarter valued at $457,000.
iShares U.S. Home Construction ETF Stock Performance
Shares of ITB opened at $92.82 on Thursday. The firm has a 50-day simple moving average of $98.27 and a 200-day simple moving average of $96.93. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a fifty-two week low of $84.98 and a fifty-two week high of $118.00.
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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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Want to see what other hedge funds are holding ITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Home Construction ETF (BATS:ITB – Free Report).
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