Koshinski Asset Management Inc. Raises Stock Position in iShares U.S. Home Construction ETF (BATS:ITB)

Koshinski Asset Management Inc. increased its stake in iShares U.S. Home Construction ETF (BATS:ITB) by 20.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,648 shares of the exchange traded fund’s stock after purchasing an additional 616 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares U.S. Home Construction ETF were worth $377,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Stonebridge Financial Planning Group LLC raised its holdings in iShares U.S. Home Construction ETF by 0.7% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 14,350 shares of the exchange traded fund’s stock valued at $1,824,000 after buying an additional 96 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of iShares U.S. Home Construction ETF by 5.3% during the third quarter. Valeo Financial Advisors LLC now owns 2,302 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 115 shares during the last quarter. Great Diamond Partners LLC grew its holdings in iShares U.S. Home Construction ETF by 1.0% in the third quarter. Great Diamond Partners LLC now owns 17,003 shares of the exchange traded fund’s stock worth $2,161,000 after purchasing an additional 169 shares during the last quarter. FMR LLC grew its stake in iShares U.S. Home Construction ETF by 1.4% during the 3rd quarter. FMR LLC now owns 12,796 shares of the exchange traded fund’s stock worth $1,626,000 after buying an additional 182 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its position in shares of iShares U.S. Home Construction ETF by 5.3% in the 4th quarter. AdvisorNet Financial Inc now owns 4,001 shares of the exchange traded fund’s stock valued at $414,000 after purchasing an additional 203 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Up 4.2 %

Shares of BATS:ITB opened at $109.75 on Friday. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The business has a 50-day moving average price of $111.55 and a 200-day moving average price of $116.38. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41.

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.