Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Purchases New Stake in iShares U.S. Home Construction ETF (BATS:ITB)

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 54,500 shares of the exchange traded fund’s stock, valued at approximately $6,927,000. iShares U.S. Home Construction ETF makes up 0.9% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s investment portfolio, making the stock its 27th biggest position.

Several other institutional investors have also recently bought and sold shares of ITB. Strategic Financial Concepts LLC bought a new position in shares of iShares U.S. Home Construction ETF in the second quarter valued at approximately $157,000. Mirae Asset Securities USA Inc. bought a new position in iShares U.S. Home Construction ETF during the 2nd quarter valued at $15,159,000. Marks Wealth LLC purchased a new position in iShares U.S. Home Construction ETF during the 3rd quarter worth $11,211,000. Cetera Investment Advisers grew its stake in shares of iShares U.S. Home Construction ETF by 2,486.0% in the 1st quarter. Cetera Investment Advisers now owns 89,114 shares of the exchange traded fund’s stock worth $10,317,000 after acquiring an additional 85,668 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares U.S. Home Construction ETF in the second quarter valued at about $5,047,000.

iShares U.S. Home Construction ETF Trading Up 0.9 %

Shares of ITB traded up $1.07 during trading hours on Friday, reaching $121.09. 858,871 shares of the stock traded hands. iShares U.S. Home Construction ETF has a 52 week low of $31.19 and a 52 week high of $46.56. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The stock has a fifty day simple moving average of $122.69 and a 200 day simple moving average of $113.52.

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.