Walleye Capital LLC Takes $6.93 Million Position in iShares U.S. Home Construction ETF (BATS:ITB)

Walleye Capital LLC bought a new position in iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 54,526 shares of the exchange traded fund’s stock, valued at approximately $6,930,000. Walleye Capital LLC owned about 0.21% of iShares U.S. Home Construction ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its stake in shares of iShares U.S. Home Construction ETF by 25.3% in the third quarter. BNP Paribas Financial Markets now owns 861,373 shares of the exchange traded fund’s stock worth $109,481,000 after purchasing an additional 173,654 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in iShares U.S. Home Construction ETF in the 3rd quarter valued at $63,042,000. Axxcess Wealth Management LLC lifted its stake in iShares U.S. Home Construction ETF by 2.5% during the 2nd quarter. Axxcess Wealth Management LLC now owns 417,932 shares of the exchange traded fund’s stock valued at $42,236,000 after acquiring an additional 10,173 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares U.S. Home Construction ETF during the 2nd quarter worth $157,000. Finally, Mirae Asset Securities USA Inc. bought a new stake in shares of iShares U.S. Home Construction ETF in the 2nd quarter worth $15,159,000.

iShares U.S. Home Construction ETF Price Performance

Shares of ITB stock opened at $123.82 on Friday. The firm has a 50-day moving average of $122.45 and a 200-day moving average of $114.94. iShares U.S. Home Construction ETF has a one year low of $31.19 and a one year high of $46.56. The company has a market cap of $3.15 billion, a P/E 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.