Vienna Asset Management LLC Takes $2.16 Million Position in iShares U.S. Home Construction ETF (BATS:ITB)

Vienna Asset Management LLC bought a new stake in iShares U.S. Home Construction ETF (BATS:ITB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 20,899 shares of the exchange traded fund’s stock, valued at approximately $2,161,000. iShares U.S. Home Construction ETF accounts for 1.5% of Vienna Asset Management LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at about $28,000. Flagship Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at about $37,000. Redwood Park Advisors LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at about $39,000. BOKF NA grew its position in shares of iShares U.S. Home Construction ETF by 97.6% in the fourth quarter. BOKF NA now owns 405 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 200 shares during the period. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of iShares U.S. Home Construction ETF in the fourth quarter valued at about $48,000.

iShares U.S. Home Construction ETF Stock Down 9.4%

Shares of BATS ITB opened at $95.40 on Monday. The company’s 50-day simple moving average is $92.62 and its 200-day simple moving average is $103.59. iShares U.S. Home Construction ETF has a 52-week low of $82.71 and a 52-week high of $129.89. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 10.82 and a beta of 1.38.

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.