International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB – Free Report) by 3,423.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 118,401 shares of the exchange traded fund’s stock after buying an additional 115,041 shares during the period. International Assets Investment Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $10,303,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Choreo LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 28.5% in the third quarter. Choreo LLC now owns 3,051 shares of the exchange traded fund’s stock valued at $266,000 after buying an additional 677 shares in the last quarter. WestEnd Advisors LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $378,000. McGuire Investment Group LLC lifted its holdings in iShares U.S. Home Construction ETF by 2.0% in the third quarter. McGuire Investment Group LLC now owns 47,199 shares of the exchange traded fund’s stock valued at $4,107,000 after acquiring an additional 948 shares during the period. AMI Asset Management Corp acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $862,000. Finally, Summit Financial Consulting LLC purchased a new stake in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth $471,000.
iShares U.S. Home Construction ETF Stock Performance
Shares of BATS ITB opened at $92.74 on Friday. iShares U.S. Home Construction ETF has a one year low of $82.08 and a one year high of $115.26. The firm has a market capitalization of $2.13 billion, a P/E ratio of 10.18 and a beta of 1.31. The company’s fifty day moving average is $89.68 and its two-hundred day moving average is $96.22.
iShares U.S. Home Construction ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.2104 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.9%. This is a positive change from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.1592. The ex-dividend date was Tuesday, September 15th.
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. 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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