Passaic Partners LLC Purchases Shares of 103,176 iShares U.S. Home Construction ETF $ITB

Passaic Partners LLC purchased a new stake in shares of iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 103,176 shares of the exchange traded fund’s stock, valued at approximately $9,936,000. iShares U.S. Home Construction ETF makes up about 1.0% of Passaic Partners LLC’s investment portfolio, making the stock its 14th biggest position.

Several other large investors have also added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $104,000. LPL Financial LLC lifted its holdings in iShares U.S. Home Construction ETF by 8.1% during the fourth 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. OneAscent Financial Services LLC purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $347,000. MKP Capital Management L.L.C. purchased a new position in iShares U.S. Home Construction ETF during the fourth quarter valued at approximately $37,538,000. Finally, Main Management ETF Advisors LLC lifted its holdings in iShares U.S. Home Construction ETF by 2.6% during the fourth 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.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $96.27 on Wednesday. iShares U.S. Home Construction ETF has a 1-year low of $84.98 and a 1-year high of $118.00. The company has a market capitalization of $2.21 billion, a P/E ratio of 10.18 and a beta of 1.31. The firm’s 50 day simple moving average is $93.22 and its two-hundred day simple moving average is $98.97.

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.