iShares U.S. Home Construction ETF Sees Unusually High Options Volume (BATS:ITB)

iShares U.S. Home Construction ETF (BATS:ITB) saw some unusual options trading on Thursday. Investors purchased 23,269 put options on the stock. This is an increase of 171% compared to the average volume of 8,581 put options.

iShares U.S. Home Construction ETF Stock Down 4.1 %

Shares of iShares U.S. Home Construction ETF stock traded down $4.53 during midday trading on Thursday, hitting $106.15. The company had a trading volume of 3,303,116 shares. The company has a fifty day simple moving average of $120.48 and a 200 day simple moving average of $116.00. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a 12-month low of $31.19 and a 12-month high of $46.56.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Stonebridge Financial Planning Group LLC grew its position in iShares U.S. Home Construction ETF by 0.7% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock worth $1,824,000 after purchasing an additional 96 shares during the period. Valeo Financial Advisors LLC grew its holdings in iShares U.S. Home Construction ETF by 5.3% during the third quarter. Valeo Financial Advisors LLC now owns 2,302 shares of the exchange traded fund’s stock worth $293,000 after acquiring an additional 115 shares during the period. Great Diamond Partners LLC raised its position in iShares U.S. Home Construction ETF by 1.0% during the third quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock valued at $2,161,000 after acquiring an additional 169 shares in the last quarter. FMR LLC raised its position in iShares U.S. Home Construction ETF by 1.4% during the third quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock valued at $1,626,000 after acquiring an additional 182 shares in the last quarter. Finally, KKM Financial LLC lifted its holdings in iShares U.S. Home Construction ETF by 2.2% in the third quarter. KKM Financial LLC now owns 9,808 shares of the exchange traded fund’s stock valued at $1,247,000 after acquiring an additional 211 shares during the period.

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.