Quantinno Capital Management LP Makes New $684,000 Investment in iShares U.S. Home Construction ETF $ITB

Quantinno Capital Management LP purchased a new position in iShares U.S. Home Construction ETF (BATS:ITB) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,551 shares of the exchange traded fund’s stock, valued at approximately $684,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund raised its stake in iShares U.S. Home Construction ETF by 102.9% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,704,500 shares of the exchange traded fund’s stock worth $164,143,000 after acquiring an additional 864,500 shares during the period. MKP Capital Management L.L.C. acquired a new position in iShares U.S. Home Construction ETF in the fourth quarter valued at approximately $37,538,000. Raymond James Financial Inc. raised its position in shares of iShares U.S. Home Construction ETF by 329.7% during the 3rd quarter. Raymond James Financial Inc. now owns 440,063 shares of the exchange traded fund’s stock worth $47,197,000 after purchasing an additional 337,660 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of iShares U.S. Home Construction ETF during the 4th quarter worth approximately $28,890,000. Finally, BlueCrest Capital Management Ltd bought a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter worth approximately $24,399,000.

iShares U.S. Home Construction ETF Price Performance

BATS:ITB opened at $96.28 on Wednesday. iShares U.S. Home Construction ETF has a 12-month low of $84.98 and a 12-month high of $118.00. The firm has a market capitalization of $2.21 billion, a P/E ratio of 10.18 and a beta of 1.31. The business has a 50 day simple moving average of $98.61 and a 200 day simple moving average of $97.82.

iShares U.S. Home Construction ETF 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.