Montag A & Associates Inc. Raises Stock Position in iShares U.S. Home Construction ETF $ITB

Montag A & Associates Inc. grew its position in iShares U.S. Home Construction ETF (BATS:ITBFree Report) by 171.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,117 shares of the exchange traded fund’s stock after buying an additional 42,426 shares during the period. Montag A & Associates Inc.’s holdings in iShares U.S. Home Construction ETF were worth $6,077,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. DAVENPORT & Co LLC grew its position in iShares U.S. Home Construction ETF by 3.0% in the fourth quarter. DAVENPORT & Co LLC now owns 4,107 shares of the exchange traded fund’s stock worth $396,000 after acquiring an additional 120 shares during the period. Giverny Capital Inc. grew its holdings in shares of iShares U.S. Home Construction ETF by 1.2% during the 4th quarter. Giverny Capital Inc. now owns 11,698 shares of the exchange traded fund’s stock worth $1,127,000 after purchasing an additional 137 shares during the period. NBC Securities Inc. grew its holdings in shares of iShares U.S. Home Construction ETF by 8.7% during the 4th quarter. NBC Securities Inc. now owns 1,967 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 158 shares during the period. Jaffetilchin Investment Partners LLC increased its position in shares of iShares U.S. Home Construction ETF by 6.0% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 2,819 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 160 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc increased its position in shares of iShares U.S. Home Construction ETF by 3.3% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 5,352 shares of the exchange traded fund’s stock worth $515,000 after purchasing an additional 172 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 1.4%

Shares of ITB opened at $99.87 on Wednesday. The company’s 50-day moving average price is $95.49 and its 200 day moving average price is $98.75. iShares U.S. Home Construction ETF has a 12-month low of $84.98 and a 12-month high of $118.00. The firm has a market cap of $2.30 billion, a P/E ratio of 10.18 and a beta of 1.31.

iShares U.S. Home Construction ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

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