Montag A & Associates Inc. Grows Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Montag A & Associates Inc. lifted its position in iShares U.S. Home Construction ETF (BATS:ITB) by 42.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,206 shares of the exchange traded fund’s stock after buying an additional 4,534 shares during the period. Montag A & Associates Inc. owned approximately 0.05% of iShares U.S. Home Construction ETF worth $1,547,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Morgan Stanley raised its position in shares of iShares U.S. Home Construction ETF by 143.0% in the 3rd quarter. Morgan Stanley now owns 3,673,796 shares of the exchange traded fund’s stock valued at $288,356,000 after purchasing an additional 2,162,171 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the third quarter worth $62,778,000. Barclays PLC lifted its stake in shares of iShares U.S. Home Construction ETF by 57,285.6% during the third quarter. Barclays PLC now owns 700,104 shares of the exchange traded fund’s stock worth $54,951,000 after buying an additional 698,884 shares during the period. Axxcess Wealth Management LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at $34,555,000. Finally, Price Capital Management Inc. acquired a new position in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at $22,850,000.

iShares U.S. Home Construction ETF Price Performance

ITB traded up $1.73 on Thursday, reaching $108.37. 1,312,232 shares of the stock were exchanged. The company’s 50-day moving average price is $108.69 and its 200 day moving average price is $99.47. The firm has a market capitalization of $2.75 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.

iShares U.S. Home Construction ETF 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.