Clal Insurance Enterprises Holdings Ltd Makes New Investment in iShares U.S. Home Construction ETF $ITB

Clal Insurance Enterprises Holdings Ltd acquired a new position in iShares U.S. Home Construction ETF (BATS:ITB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 300,000 shares of the exchange traded fund’s stock, valued at approximately $28,890,000. Clal Insurance Enterprises Holdings Ltd owned 1.30% of iShares U.S. Home Construction ETF at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in iShares U.S. Home Construction ETF by 388.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,848,103 shares of the exchange traded fund’s stock valued at $198,209,000 after purchasing an additional 1,469,896 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in iShares U.S. Home Construction ETF by 509.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,766,097 shares of the exchange traded fund’s stock valued at $189,414,000 after purchasing an additional 1,476,291 shares in the last quarter. LPL Financial LLC increased its holdings in iShares U.S. Home Construction ETF by 8.1% during the 4th quarter. LPL Financial LLC now owns 822,488 shares of the exchange traded fund’s stock valued at $79,206,000 after purchasing an additional 61,688 shares in the last quarter. Main Management ETF Advisors LLC increased its holdings in iShares U.S. Home Construction ETF by 2.6% during the 4th quarter. Main Management ETF Advisors LLC now owns 643,542 shares of the exchange traded fund’s stock valued at $61,973,000 after purchasing an additional 16,140 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in iShares U.S. Home Construction ETF by 329.7% during the 3rd quarter. Raymond James Financial Inc. now owns 440,063 shares of the exchange traded fund’s stock valued at $47,197,000 after purchasing an additional 337,660 shares in the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $96.95 on Friday. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. The business’s fifty day moving average price is $93.60 and its two-hundred day moving average price is $98.95. iShares U.S. Home Construction ETF has a 52 week low of $84.98 and a 52 week high of $118.00.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.