Raymond James Financial Services Advisors Inc. Buys 4,612 Shares of iShares U.S. Home Construction ETF (ITB)

Raymond James Financial Services Advisors Inc. grew its position in iShares U.S. Home Construction ETF (BATS:ITB) by 24.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,588 shares of the exchange traded fund’s stock after acquiring an additional 4,612 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares U.S. Home Construction ETF were worth $709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in ITB. Solstein Capital LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $63,000. Bank of Montreal Can raised its position in shares of iShares U.S. Home Construction ETF by 7.1% in the 4th quarter. Bank of Montreal Can now owns 5,431 shares of the exchange traded fund’s stock worth $163,000 after acquiring an additional 362 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares U.S. Home Construction ETF by 77.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 14,308 shares of the exchange traded fund’s stock worth $506,000 after acquiring an additional 6,242 shares in the last quarter. MML Investors Services LLC raised its position in shares of iShares U.S. Home Construction ETF by 31.4% in the 3rd quarter. MML Investors Services LLC now owns 14,314 shares of the exchange traded fund’s stock worth $506,000 after acquiring an additional 3,418 shares in the last quarter. Finally, BB&T Securities LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter worth $438,000.

BATS:ITB traded up $0.11 during mid-day trading on Wednesday, hitting $37.90. 1,426,974 shares of the company’s stock traded hands. iShares U.S. Home Construction ETF has a twelve month low of $31.19 and a twelve month high of $46.56.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were given a dividend of $0.0617 per share. This is a positive change from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.06. This represents a $0.25 annualized dividend and a yield of 0.65%. The ex-dividend date was Wednesday, March 20th.

WARNING: This news story was originally posted by Modern Readers and is owned by of Modern Readers. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.modernreaders.com/news/2019/04/17/raymond-james-financial-services-advisors-inc-buys-4612-shares-of-ishares-u-s-home-construction-etf-itb.html.

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.

Featured Story: Purposes and Functions of the Federal Reserve

Institutional Ownership by Quarter for iShares U.S. Home Construction ETF (BATS:ITB)

Receive News & Ratings for iShares U.S. Home Construction ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Home Construction ETF and related companies with MarketBeat.com's FREE daily email newsletter.