iShares U.S. Home Construction ETF (BATS:ITB – Get Free Report) was the recipient of some unusual options trading activity on Friday. Stock traders bought 17,972 put options on the stock. This is an increase of approximately 74% compared to the typical daily volume of 10,338 put options.
iShares U.S. Home Construction ETF Trading Down 9.9 %
ITB stock opened at $94.86 on Friday. The firm’s 50-day moving average is $102.27 and its two-hundred day moving average is $112.58. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 11.19 and a beta of 1.61. iShares U.S. Home Construction ETF has a 52 week low of $93.39 and a 52 week high of $129.89.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in ITB. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares U.S. Home Construction ETF during the third quarter valued at approximately $63,042,000. Wells Fargo & Company MN increased its stake in shares of iShares U.S. Home Construction ETF by 97.2% during the fourth quarter. Wells Fargo & Company MN now owns 629,829 shares of the exchange traded fund’s stock valued at $65,118,000 after acquiring an additional 310,481 shares during the period. Two Sigma Investments LP bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth about $24,954,000. Empirical Asset Management LLC bought a new stake in iShares U.S. Home Construction ETF in the fourth quarter worth about $24,537,000. Finally, Raymond James Financial Inc. acquired a new stake in iShares U.S. Home Construction ETF in the 4th quarter valued at about $23,351,000.
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.
See Also
- Five stocks we like better than iShares U.S. Home Construction ETF
- Compound Interest and Why It Matters When Investing
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- What Does a Stock Split Mean?
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
Receive News & Ratings for iShares U.S. Home Construction ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Home Construction ETF and related companies with MarketBeat.com's FREE daily email newsletter.
