Sunbelt Securities Inc. Increases Position in iShares U.S. Home Construction ETF (BATS:ITB)

Sunbelt Securities Inc. boosted its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 70.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,800 shares of the exchange traded fund’s stock after purchasing an additional 745 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares U.S. Home Construction ETF were worth $229,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ITB. Blue Trust Inc. purchased a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter valued at approximately $37,000. Sigma Planning Corp lifted its holdings in iShares U.S. Home Construction ETF by 49.0% during the third quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after purchasing an additional 3,117 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the third quarter valued at about $210,000. PFG Advisors increased its stake in shares of iShares U.S. Home Construction ETF by 8.9% during the second quarter. PFG Advisors now owns 16,926 shares of the exchange traded fund’s stock worth $1,711,000 after purchasing an additional 1,384 shares in the last quarter. Finally, Toronto Dominion Bank acquired a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter worth about $3,538,000.

iShares U.S. Home Construction ETF Trading Down 1.5 %

Shares of iShares U.S. Home Construction ETF stock opened at $113.02 on Friday. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56. The firm’s 50-day moving average price is $120.99 and its 200 day moving average price is $115.82. The firm has a market capitalization of $2.87 billion, a PE ratio of 11.56 and a beta of 1.41.

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.