Werba Rubin Papier Wealth Management Grows Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Werba Rubin Papier Wealth Management lifted its holdings in iShares U.S. Home Construction ETF (BATS:ITB) by 34.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 5,059 shares of the exchange traded fund’s stock after buying an additional 1,283 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in iShares U.S. Home Construction ETF were worth $511,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its holdings in iShares U.S. Home Construction ETF by 3.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,308 shares of the exchange traded fund’s stock valued at $337,000 after purchasing an additional 110 shares in the last quarter. Blair William & Co. IL grew its stake in shares of iShares U.S. Home Construction ETF by 4.5% in the first quarter. Blair William & Co. IL now owns 3,065 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 131 shares in the last quarter. Ciovacco Capital Management LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 0.7% during the 1st quarter. Ciovacco Capital Management LLC now owns 21,904 shares of the exchange traded fund’s stock valued at $2,536,000 after buying an additional 149 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of iShares U.S. Home Construction ETF by 4.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,759 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 164 shares during the period. Finally, Great Diamond Partners LLC lifted its position in iShares U.S. Home Construction ETF by 1.0% during the 1st quarter. Great Diamond Partners LLC now owns 17,416 shares of the exchange traded fund’s stock worth $2,016,000 after acquiring an additional 178 shares in the last quarter.

iShares U.S. Home Construction ETF Price Performance

BATS ITB traded up $0.58 on Friday, reaching $117.36. The company had a trading volume of 2,577,301 shares. The firm has a market capitalization of $2.98 billion, a PE ratio of 11.56 and a beta of 1.41. The firm has a 50-day moving average of $113.02 and a 200-day moving average of $109.02. 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.