iShares U.S. Home Construction ETF $ITB Shares Bought by Washington Growth Strategies LLC

Washington Growth Strategies LLC grew its position in iShares U.S. Home Construction ETF (BATS:ITB) by 36,750.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 35,008 shares of the exchange traded fund’s stock after buying an additional 34,913 shares during the period. iShares U.S. Home Construction ETF accounts for approximately 2.5% of Washington Growth Strategies LLC’s investment portfolio, making the stock its 10th largest holding. Washington Growth Strategies LLC owned approximately 0.15% of iShares U.S. Home Construction ETF worth $3,262,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ITB. Menora Mivtachim Holdings LTD. acquired a new stake in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at $119,774,000. Junto Capital Management LP acquired a new stake in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at $33,955,000. Goldman Sachs Group Inc. increased its stake in shares of iShares U.S. Home Construction ETF by 22.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,893,090 shares of the exchange traded fund’s stock valued at $180,241,000 after buying an additional 343,527 shares during the period. Jones Financial Companies Lllp increased its stake in shares of iShares U.S. Home Construction ETF by 878.8% in the 1st quarter. Jones Financial Companies Lllp now owns 139,561 shares of the exchange traded fund’s stock valued at $13,288,000 after buying an additional 125,303 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of iShares U.S. Home Construction ETF by 19.4% in the 1st quarter. Royal Bank of Canada now owns 399,182 shares of the exchange traded fund’s stock valued at $38,006,000 after buying an additional 64,877 shares during the period.

iShares U.S. Home Construction ETF Stock Performance

BATS ITB opened at $109.25 on Friday. The stock has a fifty day moving average of $108.38 and a 200-day moving average of $98.22. The stock has a market capitalization of $2.51 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 52 week low of $82.71 and a 52 week high of $129.89.

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.