iShares U.S. Home Construction ETF Target of Unusually Large Options Trading (BATS:ITB)

iShares U.S. Home Construction ETF (BATS:ITB) saw unusually large options trading activity on Tuesday. Stock investors bought 13,678 put options on the company. This is an increase of approximately 290% compared to the average daily volume of 3,510 put options.

iShares U.S. Home Construction ETF Stock Up 3.1%

Shares of iShares U.S. Home Construction ETF stock traded up $3.00 on Tuesday, reaching $100.98. The stock had a trading volume of 622,825 shares, compared to its average volume of 2,599,561. The company has a 50 day moving average price of $96.65 and a 200 day moving average price of $98.65. The stock has a market capitalization of $2.32 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.

Institutional Trading of iShares U.S. Home Construction ETF

Large investors have recently added to or reduced their stakes in the company. High Point Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the 4th quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the 2nd quarter worth about $29,000. JPL Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the third quarter worth about $36,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $37,000. Finally, Triumph Capital Management purchased a new position in iShares U.S. Home Construction ETF in the third quarter valued at $46,000.

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.