Cathy Pareto & Associates Inc. Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

Cathy Pareto & Associates Inc. acquired a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,529 shares of the exchange traded fund’s stock, valued at approximately $468,000.

Other institutional investors also recently modified their holdings of the company. Juncture Wealth Strategies LLC acquired a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at $445,000. Cottonwood Capital Advisors LLC lifted its stake in shares of iShares U.S. Home Construction ETF by 3.5% in the fourth quarter. Cottonwood Capital Advisors LLC now owns 51,265 shares of the exchange traded fund’s stock valued at $5,300,000 after buying an additional 1,755 shares in the last quarter. Secure Asset Management LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 38.8% during the fourth quarter. Secure Asset Management LLC now owns 3,839 shares of the exchange traded fund’s stock valued at $397,000 after buying an additional 1,074 shares during the last quarter. Koshinski Asset Management Inc. increased its position in shares of iShares U.S. Home Construction ETF by 20.3% during the fourth quarter. Koshinski Asset Management Inc. now owns 3,648 shares of the exchange traded fund’s stock worth $377,000 after acquiring an additional 616 shares in the last quarter. Finally, Zhang Financial LLC raised its holdings in shares of iShares U.S. Home Construction ETF by 9.8% in the 4th quarter. Zhang Financial LLC now owns 16,967 shares of the exchange traded fund’s stock worth $1,754,000 after acquiring an additional 1,517 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of BATS ITB opened at $108.76 on Monday. The firm’s 50-day simple moving average is $111.37 and its 200 day simple moving average is $116.69. The stock has a market cap of $2.76 billion, a price-to-earnings 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.