iShares U.S. Home Construction ETF (BATS:ITB) Hits New 1-Year High at $120.50

iShares U.S. Home Construction ETF (BATS:ITB) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $120.50 and last traded at $120.00, with a volume of 1604111 shares traded. The stock had previously closed at $119.10.

iShares U.S. Home Construction ETF Trading Up 0.8 %

The firm has a market capitalization of $3.05 billion, a PE ratio of 11.56 and a beta of 1.41. The business has a 50 day moving average price of $105.15 and a 200-day moving average price of $105.87.

Institutional Investors Weigh In On iShares U.S. Home Construction ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vima LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at about $27,000. Tortoise Investment Management LLC acquired a new position in iShares U.S. Home Construction ETF during the fourth quarter worth about $34,000. VitalStone Financial LLC purchased a new position in iShares U.S. Home Construction ETF in the fourth quarter valued at about $45,000. Vestor Capital LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at approximately $55,000. Finally, Capital Investment Advisory Services LLC boosted its stake in shares of iShares U.S. Home Construction ETF by 171.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 643 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 1,548 shares in the last quarter.

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.