K.J. Harrison & Partners Inc Purchases 22,000 Shares of iShares U.S. Home Construction ETF $ITB

K.J. Harrison & Partners Inc raised its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 88.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,000 shares of the exchange traded fund’s stock after acquiring an additional 22,000 shares during the quarter. K.J. Harrison & Partners Inc owned about 0.20% of iShares U.S. Home Construction ETF worth $4,526,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its stake in iShares U.S. Home Construction ETF by 509.4% during the third quarter. BNP Paribas Financial Markets now owns 1,766,097 shares of the exchange traded fund’s stock worth $189,414,000 after purchasing an additional 1,476,291 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares U.S. Home Construction ETF by 388.6% in the third quarter. JPMorgan Chase & Co. now owns 1,848,103 shares of the exchange traded fund’s stock valued at $198,209,000 after buying an additional 1,469,896 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares U.S. Home Construction ETF in the third quarter valued at approximately $56,843,000. Raymond James Financial Inc. boosted its holdings in shares of 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 worth $47,197,000 after buying an additional 337,660 shares in the last quarter. Finally, BlueCrest Capital Management Ltd bought a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth approximately $24,399,000.

iShares U.S. Home Construction ETF Stock Up 2.7%

Shares of ITB stock opened at $95.32 on Thursday. The firm has a 50 day moving average of $95.93 and a 200-day moving average of $100.42. The company has a market cap of $2.19 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 $87.02 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.