WESPAC Advisors SoCal LLC Acquires 4,605 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

WESPAC Advisors SoCal LLC grew its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 13.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 37,898 shares of the exchange traded fund’s stock after purchasing an additional 4,605 shares during the period. WESPAC Advisors SoCal LLC’s holdings in iShares U.S. Home Construction ETF were worth $4,387,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth $251,000. Mariner LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 0.5% during the third quarter. Mariner LLC now owns 28,089 shares of the exchange traded fund’s stock valued at $2,204,000 after buying an additional 129 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of iShares U.S. Home Construction ETF during the third quarter valued at about $1,544,000. Bank of Nova Scotia grew its holdings in shares of iShares U.S. Home Construction ETF by 2.1% during the third quarter. Bank of Nova Scotia now owns 26,680 shares of the exchange traded fund’s stock valued at $2,094,000 after buying an additional 555 shares during the last quarter. Finally, Stansberry Asset Management LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 25.5% during the third quarter. Stansberry Asset Management LLC now owns 28,510 shares of the exchange traded fund’s stock valued at $2,238,000 after buying an additional 5,792 shares during the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB traded down $2.50 during mid-day trading on Monday, reaching $98.56. 2,684,505 shares of the company’s stock traded hands. The stock has a market cap of $2.50 billion, a P/E ratio of 11.56 and a beta of 1.41. The business has a 50-day simple moving average of $104.85 and a 200 day simple moving average of $104.92. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56.

iShares U.S. Home Construction ETF 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.