Cathy Pareto & Associates Inc. Purchases Shares of 4,529 iShares U.S. Home Construction ETF (BATS:ITB)

Cathy Pareto & Associates Inc. purchased a new position in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,529 shares of the exchange traded fund’s stock, valued at approximately $468,000.

Several other institutional investors also recently modified their holdings of the business. Juncture Wealth Strategies LLC bought a new position in iShares U.S. Home Construction ETF during the fourth quarter worth $445,000. Cottonwood Capital Advisors LLC grew its holdings in iShares U.S. Home Construction ETF by 3.5% during the 4th quarter. Cottonwood Capital Advisors LLC now owns 51,265 shares of the exchange traded fund’s stock worth $5,300,000 after acquiring an additional 1,755 shares during the period. Secure Asset Management LLC raised its position in shares of iShares U.S. Home Construction ETF by 38.8% in the 4th quarter. Secure Asset Management LLC now owns 3,839 shares of the exchange traded fund’s stock worth $397,000 after acquiring an additional 1,074 shares in the last quarter. Koshinski Asset Management Inc. lifted its stake in shares of iShares U.S. Home Construction ETF by 20.3% in the 4th quarter. Koshinski Asset Management Inc. now owns 3,648 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 616 shares during the period. Finally, Zhang Financial LLC boosted its position in shares of iShares U.S. Home Construction ETF by 9.8% during the 4th quarter. Zhang Financial LLC now owns 16,967 shares of the exchange traded fund’s stock valued at $1,754,000 after purchasing an additional 1,517 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB stock opened at $108.76 on Monday. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56. The stock has a 50 day simple moving average of $111.37 and a two-hundred day simple moving average of $116.69. The company has a market cap of $2.76 billion, a P/E ratio of 11.56 and a beta of 1.41.

iShares U.S. Home Construction ETF Company 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.