Cottonwood Capital Advisors LLC Acquires 1,755 Shares of iShares U.S. Home Construction ETF (BATS:ITB)

Cottonwood Capital Advisors LLC increased its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 3.5% during the fourth quarter, Holdings Channel reports. The fund owned 51,265 shares of the exchange traded fund’s stock after purchasing an additional 1,755 shares during the period. iShares U.S. Home Construction ETF makes up about 3.8% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 6th biggest position. Cottonwood Capital Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $5,300,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new position in iShares U.S. Home Construction ETF during the 3rd quarter worth $37,000. Sigma Planning Corp lifted its holdings in shares of iShares U.S. Home Construction ETF by 49.0% during the 3rd quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock valued at $1,204,000 after purchasing an additional 3,117 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new position in shares of iShares U.S. Home Construction ETF in the third quarter valued at approximately $210,000. Toronto Dominion Bank bought a new stake in shares of iShares U.S. Home Construction ETF in the second quarter valued at about $3,538,000. Finally, Brookstone Capital Management boosted its position in shares of iShares U.S. Home Construction ETF by 516.4% during the third quarter. Brookstone Capital Management now owns 13,062 shares of the exchange traded fund’s stock worth $1,660,000 after buying an additional 10,943 shares during the period.

iShares U.S. Home Construction ETF Stock Performance

Shares of iShares U.S. Home Construction ETF stock opened at $108.76 on Friday. The firm has a market cap of $2.76 billion, a PE ratio of 11.56 and a beta of 1.41. The business’s 50 day simple moving average is $111.37 and its 200 day simple moving average is $116.45. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week 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.