Kingsview Wealth Management LLC Raises Stock Position in iShares U.S. Home Construction ETF $ITB

Kingsview Wealth Management LLC boosted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2,602.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 148,979 shares of the exchange traded fund’s stock after acquiring an additional 143,466 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $15,978,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Pinnacle Associates Ltd. increased its stake in shares of iShares U.S. Home Construction ETF by 0.6% during the second quarter. Pinnacle Associates Ltd. now owns 16,235 shares of the exchange traded fund’s stock worth $1,513,000 after purchasing an additional 100 shares in the last quarter. Vista Investment Management lifted its stake in iShares U.S. Home Construction ETF by 5.4% in the 3rd quarter. Vista Investment Management now owns 2,322 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 119 shares in the last quarter. Prospera Financial Services Inc boosted its holdings in iShares U.S. Home Construction ETF by 2.7% in the 2nd quarter. Prospera Financial Services Inc now owns 4,665 shares of the exchange traded fund’s stock worth $435,000 after buying an additional 123 shares during the last quarter. Rothschild Investment LLC increased its stake in iShares U.S. Home Construction ETF by 0.4% during the 3rd quarter. Rothschild Investment LLC now owns 34,665 shares of the exchange traded fund’s stock worth $3,718,000 after buying an additional 130 shares in the last quarter. Finally, Assetmark Inc. increased its stake in iShares U.S. Home Construction ETF by 4.6% during the 2nd quarter. Assetmark Inc. now owns 4,185 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 183 shares in the last quarter.

iShares U.S. Home Construction ETF Price Performance

Shares of iShares U.S. Home Construction ETF stock opened at $107.52 on Monday. The stock has a market capitalization of $2.47 billion, a P/E ratio of 10.18 and a beta of 1.31. The business has a 50 day simple moving average of $105.22 and a two-hundred day simple moving average of $104.96. iShares U.S. Home Construction ETF has a 12 month low of $82.71 and a 12 month high of $118.00.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.