MONECO Advisors LLC Makes New $206,000 Investment in iShares U.S. Home Construction ETF (BATS:ITB)

MONECO Advisors LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,024 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Leuthold Group LLC grew its stake in iShares U.S. Home Construction ETF by 7.4% in the 4th quarter. Leuthold Group LLC now owns 41,935 shares of the exchange traded fund’s stock worth $4,266,000 after acquiring an additional 2,904 shares during the period. Morgan Stanley grew its stake in shares of iShares U.S. Home Construction ETF by 143.0% during the 3rd quarter. Morgan Stanley now owns 3,673,796 shares of the exchange traded fund’s stock valued at $288,356,000 after buying an additional 2,162,171 shares during the period. Arlington Capital Management Inc. purchased a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at $6,743,000. PFG Advisors grew its stake in shares of iShares U.S. Home Construction ETF by 187.3% during the 4th quarter. PFG Advisors now owns 7,760 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 5,059 shares during the period. Finally, Price Capital Management Inc. purchased a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at $22,850,000.

iShares U.S. Home Construction ETF Stock Up 0.8 %

Shares of BATS ITB opened at $104.77 on Tuesday. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The firm has a fifty day moving average of $105.60 and a 200-day moving average of $104.34. The stock has a market capitalization of $2.66 billion, a PE ratio of 11.56 and a beta of 1.41.

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.