14,208 Shares in iShares U.S. Home Construction ETF (BATS:ITB) Bought by Miller Financial Services LLC

Miller Financial Services LLC acquired a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, HoldingsChannel reports. The fund acquired 14,208 shares of the exchange traded fund’s stock, valued at approximately $1,469,000. iShares U.S. Home Construction ETF accounts for about 1.2% of Miller Financial Services LLC’s investment portfolio, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at about $28,000. Larson Financial Group LLC raised its position in iShares U.S. Home Construction ETF by 3,425.0% during the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 274 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at approximately $40,000. FSA Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at approximately $46,000. Finally, Synergy Investment Management LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth approximately $52,000.

iShares U.S. Home Construction ETF Trading Down 5.4 %

iShares U.S. Home Construction ETF stock opened at $99.63 on Tuesday. iShares U.S. Home Construction ETF has a 1-year low of $95.35 and a 1-year high of $129.89. The firm’s fifty day simple moving average is $103.63 and its 200-day simple moving average is $114.23. The company has a market capitalization of $2.62 billion, a P/E ratio of 11.84 and a beta of 1.57.

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.