Vestor Capital LLC Takes Position in iShares U.S. Home Construction ETF (BATS:ITB)

Vestor Capital LLC bought a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 537 shares of the exchange traded fund’s stock, valued at approximately $55,000.

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

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB traded up $1.73 during midday trading on Thursday, reaching $108.37. The company had a trading volume of 1,312,232 shares. The stock has a market capitalization of $2.75 billion, a P/E ratio of 11.56 and a beta of 1.41. The stock’s fifty day moving average price is $108.69 and its 200-day moving average price is $99.47. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56.

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.