KKM Financial LLC Has $1.25 Million Stake in iShares U.S. Home Construction ETF (BATS:ITB)

KKM Financial LLC lifted its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 2.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,808 shares of the exchange traded fund’s stock after purchasing an additional 211 shares during the quarter. KKM Financial LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,247,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Blue Trust Inc. acquired a new stake in iShares U.S. Home Construction ETF during the 3rd quarter worth about $37,000. Sigma Planning Corp increased its holdings in iShares U.S. Home Construction ETF by 49.0% in the third quarter. Sigma Planning Corp now owns 9,475 shares of the exchange traded fund’s stock worth $1,204,000 after purchasing an additional 3,117 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at approximately $210,000. PFG Advisors lifted its stake in iShares U.S. Home Construction ETF by 8.9% in the second quarter. PFG Advisors now owns 16,926 shares of the exchange traded fund’s stock valued at $1,711,000 after buying an additional 1,384 shares during the period. Finally, Toronto Dominion Bank acquired a new position in iShares U.S. Home Construction ETF in the second quarter valued at approximately $3,538,000.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $120.32 on Friday. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The business’s 50 day moving average price is $122.70 and its two-hundred day moving average price is $114.28. The firm has a market cap of $3.06 billion, a PE ratio of 11.56 and a beta of 1.41.

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.