Concurrent Investment Advisors LLC Grows Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Concurrent Investment Advisors LLC lifted its stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 219.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,896 shares of the exchange traded fund’s stock after purchasing an additional 8,169 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Home Construction ETF were worth $1,230,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Golden State Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the fourth quarter valued at $28,000. Larson Financial Group LLC grew its holdings in iShares U.S. Home Construction ETF by 3,425.0% in the third quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 274 shares during the last quarter. Blue Trust Inc. acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $37,000. Darwin Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $40,000. Finally, FSA Wealth Management LLC acquired a new stake in iShares U.S. Home Construction ETF in the third quarter valued at $46,000.

iShares U.S. Home Construction ETF Stock Performance

iShares U.S. Home Construction ETF stock opened at $98.25 on Friday. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. 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’s fifty day moving average is $105.18 and its two-hundred day moving average is $115.25.

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.