iShares U.S. Home Construction ETF (BATS:ITB) Shares Acquired by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC increased its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,265 shares of the exchange traded fund’s stock after buying an additional 1,755 shares during the quarter. iShares U.S. Home Construction ETF accounts for 3.8% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 6th biggest holding. Cottonwood Capital Advisors LLC owned approximately 0.20% of iShares U.S. Home Construction ETF worth $5,300,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ITB. Larson Financial Group LLC lifted its holdings in shares of iShares U.S. Home Construction ETF by 3,425.0% during the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 274 shares during the period. Blue Trust Inc. bought a new position in iShares U.S. Home Construction ETF during the third quarter worth about $37,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the third quarter valued at approximately $40,000. FSA Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF during the third quarter valued at approximately $46,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $118,000.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $108.76 on Friday. The business has a 50 day simple moving average of $111.37 and a 200 day simple moving average of $116.45. The company has a market capitalization of $2.76 billion, a PE ratio of 11.56 and a beta of 1.41. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56.

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.