WFA of San Diego LLC Makes New Investment in iShares U.S. Home Construction ETF (BATS:ITB)

WFA of San Diego LLC purchased a new stake in iShares U.S. Home Construction ETF (BATS:ITB) in the second quarter, Holdings Channel.com reports. The fund purchased 2,319 shares of the exchange traded fund’s stock, valued at approximately $198,000.

Other large investors have also made changes to their positions in the company. HighTower Advisors LLC grew its position in iShares U.S. Home Construction ETF by 299.0% during the first quarter. HighTower Advisors LLC now owns 77,752 shares of the exchange traded fund’s stock worth $5,465,000 after buying an additional 58,267 shares during the period. Sigma Planning Corp grew its holdings in shares of iShares U.S. Home Construction ETF by 89.0% in the 2nd quarter. Sigma Planning Corp now owns 6,660 shares of the exchange traded fund’s stock worth $569,000 after acquiring an additional 3,136 shares during the period. LPL Financial LLC increased its stake in iShares U.S. Home Construction ETF by 74.4% in the 1st quarter. LPL Financial LLC now owns 226,981 shares of the exchange traded fund’s stock valued at $15,954,000 after purchasing an additional 96,818 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in iShares U.S. Home Construction ETF during the second quarter worth $54,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in iShares U.S. Home Construction ETF during the first quarter worth $143,000.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock traded up $0.57 during trading hours on Monday, hitting $86.69. The stock had a trading volume of 2,727,433 shares. iShares U.S. Home Construction ETF has a 1-year low of $31.19 and a 1-year high of $46.56. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 7.49 and a beta of 1.36. The stock’s fifty day moving average is $78.51 and its two-hundred day moving average is $81.10.

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.