Integrated Advisors Network LLC Invests $725,000 in iShares U.S. Home Construction ETF $ITB

Integrated Advisors Network LLC acquired a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,757 shares of the exchange traded fund’s stock, valued at approximately $725,000.

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Home Construction ETF by 388.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,848,103 shares of the exchange traded fund’s stock worth $198,209,000 after buying an additional 1,469,896 shares during the period. Qube Research & Technologies Ltd raised its holdings in iShares U.S. Home Construction ETF by 1,143.0% during the second quarter. Qube Research & Technologies Ltd now owns 588,556 shares of the exchange traded fund’s stock valued at $54,836,000 after acquiring an additional 541,206 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares U.S. Home Construction ETF in the third quarter valued at about $56,843,000. Main Management ETF Advisors LLC bought a new position in shares of iShares U.S. Home Construction ETF in the second quarter worth about $36,316,000. Finally, Phoenix Financial Ltd. bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter worth about $24,022,000.

iShares U.S. Home Construction ETF Trading Up 0.3%

Shares of ITB opened at $107.52 on Monday. The business’s 50 day moving average is $105.22 and its 200 day moving average is $104.96. The company has a market capitalization of $2.47 billion, a PE ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 12-month low of $82.71 and a 12-month high of $118.00.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.