iShares U.S. Home Construction ETF (BATS:ITB – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $97.87 and traded as low as $96.96. iShares U.S. Home Construction ETF shares last traded at $97.84, with a volume of 1,173,966 shares trading hands.
iShares U.S. Home Construction ETF Price Performance
The firm has a 50 day simple moving average of $98.61 and a 200-day simple moving average of $97.82. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31.
Institutional Investors Weigh In On iShares U.S. Home Construction ETF
A number of hedge funds have recently made changes to their positions in ITB. High Point Wealth Management LLC acquired a new position in iShares U.S. Home Construction ETF in the fourth quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the second quarter valued at approximately $29,000. JPL Wealth Management LLC bought a new position in shares of iShares U.S. Home Construction ETF in the third quarter valued at approximately $36,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $37,000. Finally, Triumph Capital Management acquired a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth approximately $46,000.
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.
Further Reading
- Five stocks we like better than iShares U.S. Home Construction ETF
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for iShares U.S. Home Construction ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Home Construction ETF and related companies with MarketBeat.com's FREE daily email newsletter.
