Summary
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
The iShares U.S. Home Construction ETF (ITB) was launched on May 1, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.
New Home Sales Unexpectedly Rise 1.6% in June
According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 628,000 in June. This represents a 1.6% increase from May's upwardly revised rate of 618,000 but a 5.6% drop from the previous year.
New Home Sales Drop 7% in May
According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 580,000 in May. This represents a 7.3% decline from April's rate of 626,000 and an 6.8% drop from the previous year.
iShares U.S. Home Construction ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 5,247 | $488,797.04 | $495,001.98 | $6,204.94 | 1.27% |
 Curtis Ellergodt Rothschild Investment LLC | 33,008 | $3.36M | $3.11M | -$244,646.5 | -7.28% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 23,233 | $2.43M | $2.35M | -$77,623.38 | -3.2% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 2,624 | $237,603.2 | $263,712 | $26,108.8 | 10.99% |
 Bank Hapoalim B.M. Bank Hapoalim B.M. | 2,998 | $190,382.06 | $282,831.32 | $92,449.26 | 48.56% |
iShares U.S. Home Construction ETF (ITB) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares U.S. Home Construction ETF ever had a stock split?
iShares U.S. Home Construction ETF Profile
| BATS Exchange | US Country |
Overview
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.
Products and Services
The entity offers investment opportunities primarily in the following areas:
- Component Securities Investment: The fund invests at least 80% of its assets in the securities that make up its underlying home construction index. These investments aim to mirror the performance of the home construction sector, making it an attractive option for investors seeking exposure to this specific segment of the U.S. equity market.
- Investments with Economic Characteristics Identical to Component Securities: Besides direct investments in component securities, the fund also allocates assets to investments that have economic characteristics substantially identical to those of the component securities. This strategy may include derivative instruments or other financial products that mimic the performance of the index's securities, offering another layer of investment in the home construction sector.
