Flagship Private Wealth LLC Makes New $457,000 Investment in iShares U.S. Home Construction ETF $ITB

Flagship Private Wealth LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 5,050 shares of the exchange traded fund’s stock, valued at approximately $457,000.

Several other hedge funds have also recently made changes to their positions in the business. High Point Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $25,000. Aventura Private Wealth LLC bought a new position in shares of iShares U.S. Home Construction ETF during the 4th quarter valued at approximately $29,000. Darwin Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF during the 2nd quarter valued at $29,000. JPL Wealth Management LLC purchased a new stake in iShares U.S. Home Construction ETF during the 3rd quarter valued at $36,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth $37,000.

iShares U.S. Home Construction ETF Stock Up 0.5%

BATS ITB opened at $104.48 on Wednesday. The company has a fifty day moving average of $95.31 and a two-hundred day moving average of $98.74. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 52 week low of $84.98 and a 52 week high of $118.00.

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