BNP Paribas Financial Markets Grows Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 25.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 861,373 shares of the exchange traded fund’s stock after purchasing an additional 173,654 shares during the period. BNP Paribas Financial Markets’ holdings in iShares U.S. Home Construction ETF were worth $109,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ITB. Larson Financial Group LLC grew its position in 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 purchasing an additional 274 shares during the period. Blue Trust Inc. acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at approximately $37,000. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF in the 3rd quarter worth approximately $40,000. Opal Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF during the 2nd quarter worth approximately $138,000. Finally, International Assets Investment Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF during the 2nd quarter valued at approximately $138,000.

iShares U.S. Home Construction ETF Stock Performance

ITB opened at $123.76 on Wednesday. The company has a fifty day moving average of $122.66 and a two-hundred day moving average of $114.59. 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 market capitalization of $3.14 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

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.