Certified Advisory Corp Grows Position in iShares U.S. Home Construction ETF (BATS:ITB)

Certified Advisory Corp raised its position in iShares U.S. Home Construction ETF (BATS:ITB) by 8.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,909 shares of the exchange traded fund’s stock after purchasing an additional 308 shares during the period. Certified Advisory Corp’s holdings in iShares U.S. Home Construction ETF were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Meridian Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $2,035,000. Stonebridge Financial Planning Group LLC grew its position in iShares U.S. Home Construction ETF by 0.7% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock worth $1,824,000 after purchasing an additional 96 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at $40,000. WESPAC Advisors SoCal LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 39.1% in the third quarter. WESPAC Advisors SoCal LLC now owns 65,099 shares of the exchange traded fund’s stock valued at $8,274,000 after buying an additional 18,301 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of iShares U.S. Home Construction ETF by 52.6% during the third quarter. Oppenheimer & Co. Inc. now owns 9,240 shares of the exchange traded fund’s stock worth $1,174,000 after buying an additional 3,184 shares during the period.

iShares U.S. Home Construction ETF Stock Up 1.6 %

BATS ITB opened at $120.31 on Friday. The business’s 50-day moving average price is $122.63 and its 200 day moving average price is $114.36. The firm has a market cap of $3.06 billion, a P/E ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56.

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.