Cooling May inflation boosts prospects for ETFs tied to consumer spending, tech growth, homebuilding and real estate.
Launched on 05/01/2006, the iShares U.S. Home Construction ETF (ITB) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
New home sales jumped to their highest level in over three years in April, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 743,000 last month, higher than the 694,000 forecast.
ITB ITB 6 months ago | Other | $0.12 Per Share |
ITB ITB 8 months ago Paid | Quarterly | $0.12 Per Share |
ITB ITB 11 Jun 2024 Paid | Quarterly | $0.09 Per Share |
ITB ITB 21 Mar 2024 Paid | Quarterly | $0.14 Per Share |
ITB ITB 20 Dec 2023 Paid | Quarterly | $0.1 Per Share |
ITB ITB 6 months ago | Other | $0.12 Per Share |
ITB ITB 8 months ago Paid | Quarterly | $0.12 Per Share |
ITB ITB 11 Jun 2024 Paid | Quarterly | $0.09 Per Share |
ITB ITB 21 Mar 2024 Paid | Quarterly | $0.14 Per Share |
ITB ITB 20 Dec 2023 Paid | Quarterly | $0.1 Per Share |
- Industry | - Sector | - CEO | XSGO Exchange | US4642887529 ISIN |
United States Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
The mentioned entity appears to be a financial instrument, specifically an investment fund, focused on the home construction sector within the U.S. equity market. This fund is designed to track the performance of an index that represents the home construction industry as determined by its index provider. It commits to investing a minimum of 80% of its total assets in the securities that comprise its underlying index or in financial instruments that have economic characteristics nearly identical to those securities. The fund is characterized by a non-diversified status, implying that it may invest a larger portion of its assets in a smaller number of issuers or sectors, potentially increasing its risk compared to diversified funds.
The entity offers investment opportunities primarily in the following areas: