Wealthgarden F.S. LLC Invests $426,000 in iShares U.S. Home Construction ETF (BATS:ITB)

Wealthgarden F.S. LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,122 shares of the exchange traded fund’s stock, valued at approximately $426,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth about $37,000. Strategic Financial Concepts LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $160,000. Park Avenue Securities LLC raised its holdings in iShares U.S. Home Construction ETF by 27.8% in the 4th quarter. Park Avenue Securities LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $466,000 after buying an additional 980 shares during the last quarter. Sigma Planning Corp raised its holdings in iShares U.S. Home Construction ETF by 49.0% in the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after buying an additional 3,117 shares during the last quarter. Finally, Frank Rimerman Advisors LLC bought a new position in iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $210,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS ITB opened at $98.25 on Friday. The company has a 50 day simple moving average of $105.18 and a 200 day simple moving average of $115.25. The firm has a market cap of $2.50 billion, a PE ratio of 11.56 and a beta of 1.41. 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 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.