Kingsview Wealth Management LLC Increases Stake in iShares U.S. Home Construction ETF $ITB

Kingsview Wealth Management LLC lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,586 shares of the exchange traded fund’s stock after acquiring an additional 7,607 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares U.S. Home Construction ETF were worth $15,079,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Prospera Financial Services Inc lifted its holdings in shares of iShares U.S. Home Construction ETF by 37.7% during the 4th quarter. Prospera Financial Services Inc now owns 7,319 shares of the exchange traded fund’s stock worth $705,000 after acquiring an additional 2,005 shares during the period. Keudell Morrison Wealth Management purchased a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $266,000. Quantum Private Wealth LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 2.0% during the 4th quarter. Quantum Private Wealth LLC now owns 8,839 shares of the exchange traded fund’s stock worth $851,000 after acquiring an additional 176 shares during the period. Rockport Wealth LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $8,922,000. Finally, AlphaCore Capital LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter worth about $1,361,000.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB stock opened at $93.57 on Thursday. The firm has a market cap of $2.15 billion, a P/E ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 1-year low of $84.98 and a 1-year high of $118.00. The firm’s 50-day simple moving average is $92.79 and its 200-day simple moving average is $99.20.

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