Creative Planning Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Creative Planning bought a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,922 shares of the exchange traded fund’s stock, valued at approximately $219,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Nwam LLC acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $208,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Home Construction ETF by 284.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 165,424 shares of the exchange traded fund’s stock valued at $7,165,000 after purchasing an additional 122,346 shares in the last quarter. NEXT Financial Group Inc raised its holdings in shares of iShares U.S. Home Construction ETF by 8.9% in the 3rd quarter. NEXT Financial Group Inc now owns 6,486 shares of the exchange traded fund’s stock valued at $281,000 after purchasing an additional 531 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in shares of iShares U.S. Home Construction ETF by 203.4% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,350 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 905 shares in the last quarter. Finally, Q3 Asset Management acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $278,000.

Shares of ITB opened at $49.89 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 fifty day simple moving average is $47.02 and its 200-day simple moving average is $43.98.

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.

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

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