Coastal Investment Advisors Inc. Strengthens Position in iShares US Home Construction ETF (BATS:ITB)


Coastal Investment Advisors Inc. increased its stake in iShares US Home Construction ETF (BATS: ITB – Get Rating) by 13.5% in the first quarter, according to the company in its latest filing with the SEC. The company held 7,502 shares of the exchange-traded fund after buying an additional 890 shares during the quarter. Coastal Investment Advisors Inc.’s holdings in iShares US Home Construction ETF were worth $445,000 when it last filed with the SEC.

A number of other institutional investors have also recently increased or reduced their stakes in the stock. Affiance Financial LLC increased its holdings in iShares US Home Construction ETF by 63.6% in the first quarter. Affiance Financial LLC now owns 594 shares of the exchange-traded fund worth $35,000 after purchasing an additional 231 shares during the period. Wilson & Boucher Capital Management LLC increased its holdings in iShares US Home Construction ETF by 23.8% in the first quarter. Wilson & Boucher Capital Management LLC now owns 7,805 shares of the exchange-traded fund valued at $463,000 after purchasing an additional 1,500 shares during the period. Dynamic Advisor Solutions LLC purchased a new stake in iShares US Home Construction ETF in the first quarter, valued at approximately $314,000. Green Square Capital Advisors LLC acquired a new stake in iShares US Home Construction ETF in the fourth quarter, valued at around $41,000. Finally, Stephens Inc. AR increased its holdings in iShares US Home Construction ETF by 5.0% in the fourth quarter. Stephens Inc. AR now owns 60,922 shares of the exchange-traded fund valued at $5,052,000 after purchasing an additional 2,913 shares during the period.

ITB opened at $53.54 on Friday. iShares US Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56. The company has a 50-day moving average of $57.18 and a two-hundred-day moving average of $65.36.

iShares US Home Construction ETF Company Profile (Get a rating)

iShares US Home Construction ETF, formerly iShares Dow Jones US Home Construction Index Fund, seeks investment results that generally correspond to the price and yield performance of the Dow Jones US Select Home Construction Index (the Index). The index measures the performance of the home construction sector in the US stock market and includes companies that are builders of residential homes, including manufacturers of mobile and manufactured homes.

See also

Want to see what other hedge funds hold ITB? Visit HoldingsChannel.com for the latest 13F filings and insider trading for iShares US Home Construction ETF (BATS: ITB – Get Rating).

Institutional ownership by quarter for iShares US Home Construction ETF (BATS:ITB)



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