iShares U.S. Home Construction ETF (BATS:ITB – Get Free Report) reached a new 52-week low during trading on Wednesday. The company traded as low as $82.11 and last traded at $82.3680, with a volume of 1,318,823 shares. The stock had previously closed at $84.64.
iShares U.S. Home Construction ETF Trading Down 2.3%
The company has a 50 day simple moving average of $92.26 and a two-hundred day simple moving average of $94.32. The firm has a market capitalization of $1.90 billion, a P/E ratio of 10.18 and a beta of 1.31.
iShares U.S. Home Construction ETF Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.2104 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.0%. This is a boost from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.1592. The ex-dividend date of this dividend was Tuesday, September 15th.
Hedge Funds Weigh In On iShares U.S. Home Construction ETF
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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