Vestor Capital LLC Invests $55,000 in iShares U.S. Home Construction ETF (BATS:ITB)

Vestor Capital LLC acquired a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the fourth quarter, Holdings Channel.com reports. The firm acquired 537 shares of the exchange traded fund’s stock, valued at approximately $55,000.

A number of other institutional investors have also made changes to their positions in ITB. Morgan Stanley grew its position in shares of iShares U.S. Home Construction ETF by 143.0% in the third quarter. Morgan Stanley now owns 3,673,796 shares of the exchange traded fund’s stock valued at $288,356,000 after purchasing an additional 2,162,171 shares during the last quarter. Modera Wealth Management LLC bought a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at approximately $62,778,000. Barclays PLC grew its holdings in iShares U.S. Home Construction ETF by 57,285.6% in the 3rd quarter. Barclays PLC now owns 700,104 shares of the exchange traded fund’s stock valued at $54,951,000 after buying an additional 698,884 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $34,555,000. Finally, Price Capital Management Inc. bought a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $22,850,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB traded up $1.73 during mid-day trading on Thursday, hitting $108.37. The company’s stock had a trading volume of 1,312,232 shares. The stock’s 50-day moving average is $108.69 and its two-hundred day moving average is $99.47. The firm has a market capitalization of $2.75 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56.

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.