Creative Planning Purchases 289 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Creative Planning boosted its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,202 shares of the exchange traded fund’s stock after acquiring an additional 289 shares during the period. Creative Planning’s holdings in iShares U.S. Home Construction ETF were worth $3,203,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ITB. BNP Paribas Financial Markets raised its position in iShares U.S. Home Construction ETF by 56.8% in the 1st quarter. BNP Paribas Financial Markets now owns 1,714,182 shares of the exchange traded fund’s stock valued at $198,451,000 after buying an additional 621,078 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in iShares U.S. Home Construction ETF in the 2nd quarter valued at $157,000. Hollencrest Capital Management raised its position in iShares U.S. Home Construction ETF by 61,853.2% in the 1st quarter. Hollencrest Capital Management now owns 154,883 shares of the exchange traded fund’s stock valued at $17,931,000 after buying an additional 154,633 shares during the last quarter. Mirae Asset Securities USA Inc. purchased a new stake in iShares U.S. Home Construction ETF in the 2nd quarter valued at $15,159,000. Finally, Cetera Investment Advisers raised its position in iShares U.S. Home Construction ETF by 2,486.0% in the 1st quarter. Cetera Investment Advisers now owns 89,114 shares of the exchange traded fund’s stock valued at $10,317,000 after buying an additional 85,668 shares during the last quarter.

iShares U.S. Home Construction ETF Trading Down 1.5 %

BATS ITB opened at $119.80 on Friday. The firm has a market capitalization of $3.04 billion, a P/E ratio of 11.56 and a beta of 1.41. The business has a fifty day simple moving average of $122.79 and a 200 day simple moving average of $112.53. iShares U.S. Home Construction ETF has a 12 month low of $31.19 and a 12 month high of $46.56.

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.