iShares U.S. Home Construction ETF $ITB is Cottonwood Capital Advisors LLC’s 7th Largest Position

Cottonwood Capital Advisors LLC boosted its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 0.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,354 shares of the exchange traded fund’s stock after buying an additional 499 shares during the quarter. iShares U.S. Home Construction ETF accounts for approximately 3.4% of Cottonwood Capital Advisors LLC’s investment portfolio, making the stock its 7th largest position. Cottonwood Capital Advisors LLC owned 0.24% of iShares U.S. Home Construction ETF worth $5,064,000 at the end of the most recent reporting period.

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

iShares U.S. Home Construction ETF Trading Down 1.7%

Shares of ITB opened at $103.51 on Friday. The firm has a market capitalization of $2.38 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 12-month low of $82.71 and a 12-month high of $129.89. The firm has a fifty day moving average price of $108.70 and a 200-day moving average price of $98.67.

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.