Bright Futures Wealth Management LLC. Buys 1,493 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Bright Futures Wealth Management LLC. lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 15.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,278 shares of the exchange traded fund’s stock after acquiring an additional 1,493 shares during the period. Bright Futures Wealth Management LLC.’s holdings in iShares U.S. Home Construction ETF were worth $1,140,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in iShares U.S. Home Construction ETF by 56.8% in the 1st quarter. BNP Paribas Financial Markets now owns 1,714,182 shares of the exchange traded fund’s stock worth $198,451,000 after purchasing an additional 621,078 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter worth about $61,246,000. Wells Fargo & Company MN grew its holdings in shares of iShares U.S. Home Construction ETF by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 282,127 shares of the exchange traded fund’s stock worth $28,701,000 after buying an additional 7,303 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in iShares U.S. Home Construction ETF by 5.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 257,634 shares of the exchange traded fund’s stock valued at $29,827,000 after buying an additional 12,835 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in iShares U.S. Home Construction ETF in the 2nd quarter valued at approximately $157,000.

iShares U.S. Home Construction ETF Stock Up 0.4 %

BATS:ITB opened at $117.84 on Tuesday. The company has a market cap of $2.99 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The business has a 50 day moving average price of $113.41 and a two-hundred day moving average price of $109.15.

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.