iShares U.S. Home Construction ETF (BATS:ITB) Reaches New 1-Year High at $101.71

iShares U.S. Home Construction ETF (BATS:ITB)’s stock price reached a new 52-week high on Monday . The stock traded as high as $101.71 and last traded at $98.56, with a volume of 2680477 shares changing hands. The stock had previously closed at $101.06.

iShares U.S. Home Construction ETF Stock Down 2.5 %

The firm has a market cap of $2.50 billion, a P/E ratio of 11.56 and a beta of 1.41. The firm’s fifty day moving average is $104.94 and its two-hundred day moving average is $104.95.

Hedge Funds Weigh In On iShares U.S. Home Construction ETF

Large investors have recently modified their holdings of the stock. Vima LLC purchased a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $27,000. Tortoise Investment Management LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $34,000. Anchor Investment Management LLC bought a new position in iShares U.S. Home Construction ETF in the 4th quarter valued at $43,000. VitalStone Financial LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $45,000. Finally, Vestor Capital LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the fourth quarter valued at $55,000.

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.